Which of the Following Is a Fiduciary Duty Owed by an Agent

question 57

Multiple Choice

Which of the following is a fiduciary duty owed by an agent not to act adversely to the interests of the principal?

• A) duty of loyalty
• B) duty of undertaking
• C) duty of discharge
• D) duty of resolution

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Definitions:

Existential Import

The implication that the subjects referred to in a proposition actually exist.

Categorical Syllogism

A form of deductive reasoning consisting of three statements: two premises and a conclusion, each stating a relationship between categories.

Unstated Premise

An unstated premise is an implicit assumption that is not directly expressed within an argument but is necessary for the argument's logic to hold.

Days Of The Week

Days of the week are divisions of the week, typically seven in number, each named and ordered in cultural and social systems.