Which of the following is true in relation to the interplay of agency and equity?
A) Agency, like a trust, allows management and ownership of property to be separated from the rights to enjoy the benefits of the property.
B) Equity treats agents as fiduciaries, so that they may be held liable for account any abuse of their position as agents.
C) Agency is a common law concept, and, as such, equity has not role to play in the enforcement of agency relationships.
D) Agency is a common law concept and is protected by common law damages, Equity has nothing to add to the concept of agency,
Correct Answer:
Verified
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