The buyer for an electronics store is bribed by a supplier to order more of the brand sold by the supplier. This action violates which of the agent's duties?

Question

Quizplus · Accepted Answer

This action violates the duty of loyalty, which requires the agent to act solely in the best interest of the principal without any conflicting interests or influence from outside parties. By accepting a bribe from the supplier, the buyer is not acting solely for the benefit of the electronics store, but rather for their own gain, which is a breach of loyalty.

The Buyer for an Electronics Store Is Bribed by a Supplier