Amber,who is an agent for Peter,breaches her fiduciary duty to Peter.Amber:
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

All of these options are correct as follows:
A) Amber is liable to Peter for breach of contract because as an agent, she has an implied contract with Peter to perform her duties with diligence and loyalty.
B) Amber is also liable to Peter in tort for any losses caused by the breach because she has a fiduciary duty to act in Peter's best interests, and a breach of this duty can result in harm to Peter, which falls under tort law.
C) Amber must make restitution for any profits or property received in breach of this duty because as an agent, she is not allowed to profit personally from her actions on behalf of Peter, and any profits earned must be turned over to Peter.

Amber,who Is an Agent for Peter,breaches Her Fiduciary Duty to Peter.Amber