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Which of the Following Statements Is False

question 4

Multiple Choice

Which of the following statements is false?


Definitions:

Gratuitous Agent

A person who acts on behalf of another without expecting or receiving payment, typically in a legal or business context.

Gratuitous Agent

An agent who acts on behalf of another without receiving any form of compensation or benefit for their services.

Duty of Loyalty

A legal obligation of fiduciaries to act in the best interest of the party they owe the duty to, avoiding conflicts of interest and self-dealing.

Perform as Promised

Fulfilling the obligations or conditions as outlined in a contract or agreement.

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