Under the duty of ______ an agent has a duty to act solely for the benefit of his or her principal in all matters directly connected with the agency undertaking.

Question

Quizplus · Accepted Answer

The duty of loyalty is a fundamental obligation of an agent to act in the best interest of the principal at all times, even if it conflicts with the agent's own interest. This obligation includes avoiding conflicts of interest, refraining from self-dealing, and keeping the principal's information confidential. Therefore, the correct answer is choice A, loyalty.

Under the Duty of ______ an Agent Has a Duty