An agent is a(n) ____ of the principal, which means that the agent occupies a position of trust, honesty, and confidence for the principal.
A) employee
B) fiduciary
C) legal aid
D) friend
E) business partner
Correct Answer:
Verified
Q249: Scott is an agent for Lee and
Q250: The principal's duty to reimburse dose not
Q251: The principal's duty to indemnify the agent
Q252: The principal is under a _ for
Q253: If an agency agreement did not specify
Q255: Which of the following is not a
Q256: The principal's duty to indemnify the agent
Q257: If a payment amount is not specified
Q258: For an agent to be a fiduciary
Q259: If a payment amount is not specified
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