An Agent Has Breached His Fiduciary Duty in Which of the Following

question 15

Multiple Choice

An agent has breached his fiduciary duty in which of the following situations?

• A) All of the following choices are correct answers.
• B) Where the agent makes a secret profit.
• C) Where the agent uses information obtained in the course of the agency for his own benefit.
• D) Where the agent competes with the principal.

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Definitions:

Illicit Drug

A substance whose production, sale, or use is prohibited by law, often associated with addiction and illegal trade.

Endorphins

Natural chemicals in the body that fight pain and promote feelings of pleasure and well-being.

Marijuana

A psychoactive drug from the Cannabis plant used primarily for medical or recreational purposes.

Suprachiasmatic Nucleus

A small region of the brain in the hypothalamus, responsible for controlling circadian rhythms.