Steven is a manufacturer's representative for Incell Corporation. One day he receives a big-screen television as a gift from one of the clients he contacts on behalf of Incell.
A) Steven must account to Incell for the gift he has received.
B) The big-screen television belongs to Incell rather than to Steven.
C) If he keeps the TV without telling Incell, he will have breached his fiduciary duty.
D) All of these are correct.

Question

Quizplus · Accepted Answer

All options are correct because they reflect the principles of fiduciary duty and the obligations of an agent to their principal. As a representative of Incell Corporation, Steven has a duty to act in the best interests of Incell, which includes reporting gifts received in the course of his duties, as these could be seen as attempts to influence his actions on behalf of the company.

Steven Is a Manufacturer's Representative for Incell Corporation