Mabel and Nicol do business as One World Realty. In acting on the firm's behalf in a deal with Property Acquisition Company, Mabel fails to account for the profit. To her firm, Mabel is

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Mabel is liable for breach of the duty of loyalty, which requires a fiduciary to act primarily in the best interests of their principal (in this case, One World Realty). By failing to account for the profit, Mabel acted in her own self-interest rather than the best interests of the firm. Breaching this duty could result in legal action being taken against her.

Mabel and Nicol Do Business as One World Realty