Carson, who is an agent for Peter, breaches his fiduciary duty to Peter. Carson:
A) is liable to Peter for breach of contract.
B) is liable to Peter in tort for any losses caused by the breach.
C) must make restitution for any profits or property received in breach of this duty.
D) All of these are correct.

Question

Quizplus · Accepted Answer

Carson, as an agent, has a fiduciary duty to act in the best interest of Peter, the principal. Breaching this duty can result in liability for breach of contract, tort liability for any losses caused, and the requirement to make restitution for any profits or property received due to the breach.

Carson, Who Is an Agent for Peter, Breaches His Fiduciary