Which of the Following Is NOT a Major Duty, Which

question 16

Multiple Choice

Which of the following is NOT a major duty, which the agent owes to the principal?

• A) Duty to obey instructions.
• B) Duty to act in good faith and with loyalty.
• C) Duty to indemnify.
• D) Duty to exercise care.

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Definitions:

U.S. Currency

The physical money in circulation for the United States, including banknotes and coins.

U.S. Dollar

A monetary unit of the United States, symbolized as $, and considered one of the world's most dominant reserve currencies.

Exchange Rate

The worth of a currency when exchanging it for another currency.

Australian Dollars

The official currency of Australia, represented by the symbol AUD.