The Breach of the Fiduciary Duty by an Agent

question 128

Multiple Choice

The breach of the fiduciary duty by an agent:

• A)results in termination of the agent.
• B)terminates the agent's apparent authority.
• C)does not terminate an agent's implied authority.
• D)none of the above

---

Definitions:

Equal Worth

The principle that all individuals have the same intrinsic value, regardless of their circumstances, and should be treated with dignity and fairness.

Maximum Extent

The greatest possible degree or limit to which something can be extended or enlarged.

Utilitarianism

A moral philosophy that bases the rightness or wrongness of actions on their consequences, especially their ability to bring about the greatest happiness for the greatest number of people.

Intentions

The plans or desires that one has in mind to carry out an action.