Steven is a manufacturer's representative for Incell Corporation. One day he receives a big-screen television as a gift from one of the clients he contacts on behalf of Incell.
A) Steven must account to Incell for the gift he has received.
B) The big-screen television belongs to Incell rather than to Steven.
C) If he keeps the TV without telling Incell, he will have breached his fiduciary duty.
D) All of these are correct.

Question

Quizplus · Accepted Answer

Steven, as a representative, has a fiduciary duty to Incell. Accepting a gift from a client could create a conflict of interest, and he must disclose it to Incell. The TV could be considered Incell's property, and failing to report it breaches his duty.

Steven Is a Manufacturer's Representative for Incell Corporation