Which of the following refers to the agent's duty to act in the best interest of the principal?

Question

Quizplus · Accepted Answer

A)The agent has a duty of loyalty,meaning the agent has a responsibility to act in
the best interest of the principal.This duty is important because the agency relationship is founded on trust.
B)The agent has a duty of loyalty,meaning the agent has a responsibility to act in the best interest of the principal.This duty is important because the agency relationship is founded on trust.
C)The agent has a duty of loyalty,meaning the agent has a responsibility to act in the best interest of the principal.This duty is important because the agency relationship is founded on trust.
D)The agent has a duty of loyalty,meaning the agent has a responsibility to act in the best interest of the principal.This duty is important because the agency relationship is founded on trust.
E)The agent has a duty of loyalty,meaning the agent has a responsibility to act in the best interest of the principal.This duty is important because the agency relationship is founded on trust.

Which of the Following Refers to the Agent's Duty to Act