Laws & AgencyPregunta 27 de 120
An agent who secretly buys the principal's property through a straw buyer to resell at a profit has most clearly breached the fiduciary duty of:
a.Loyalty
b.Accounting
c.Reasonable care
d.Obedience
Explicación
The duty of loyalty requires the agent to place the principal's interests above the agent's own and to avoid undisclosed self-dealing. Secretly acquiring the principal's property for personal profit is a classic breach of loyalty. Such conduct can also lead to license discipline and rescission of the transaction.
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