Nora and Owen Do Business as Profit & Property, a Real

question 49

Multiple Choice

Nora and Owen do business as Profit & Property, a real estate investment partnership. In acting on the firm's behalf in a deal with Quaint Village Mall, Nora takes advantage of an opportunity to make a secret profit on her own behalf. To her firm, Nora is liable for​

• A) ​breach of the duty of care.
• B) ​breach of contract.
• C) breach of the duty of loyalty.
• D) ​nothing.