An Agent Who Accepts a Bribe to Purchase Goods for a Principal

question 15

Multiple Choice

An agent who accepts a bribe to purchase goods for a principal only from a seller who is a personal friend breaches his _____ duty by taking the money, since it is the agent's duty to work only for the best interests of the principal.

• A) statutory
• B) gratuitous
• C) fiduciary
• D) expressed
• E) apparent