A Subagent Owes a Fiduciary Duty to Both the Agent

question 47

True/False

A subagent owes a fiduciary duty to both the agent and to the principal.

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Definitions:

Governor Unloader Circuit

A mechanism in a compressor system that regulates air pressure by unloading or loading the compressor based on demand.

FMVSS 121

Federal Motor Vehicle Safety Standard 121, which establishes requirements for air brake systems in heavy-duty vehicles to ensure safe braking performance.

Maximum Stopping Distance

The longest distance a vehicle can take to come to a complete stop from its highest speed under ideal conditions.

Anti-Compounding Feature

is a safety mechanism in braking systems designed to prevent the simultaneous application of both the service brake and the parking brake, reducing the risk of brake damage or failure.