Principals and agents have a fiduciary relationship.

Name: Principals and agents have a fiduciary relationship.
Brand: Quizplus
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Quizplus · Accepted Answer

Principals and agents have a fiduciary relationship, which means that the agent has a legal and ethical obligation to act in the best interests of the principal and avoid conflicts of interest. This relationship is based on trust and good faith, and the agent must prioritize the principal's interests over their own.

Principals and Agents Have a Fiduciary Relationship