Asked by
Jeremiah Harris
on Nov 10, 2024
Verified
An agent owes a fiduciary duty to the third party to act in that third party's best interest.
Fiduciary Duty
The legal obligation of one party to act in the best interest of another when entrusted with care of money or property.
- Grasp the critical nature of fiduciary obligations and the imperative for agents to prioritize the interests of their principals.
Verified Answer
JS
Learning Objectives
- Grasp the critical nature of fiduciary obligations and the imperative for agents to prioritize the interests of their principals.
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