Carson,who is an agent for Peter,breaches his fiduciary duty to Peter.Carson:
A)is liable to Peter for breach of contract.
B)is liable to Peter in tort for any losses caused by the breach.
C)must make restitution for any profits or property received in breach of this duty.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Carson's breach of fiduciary duty means that he has violated his duty of loyalty to Peter. This duty requires Carson to act in Peter's best interest and not engage in any self-dealing or conflict of interest.

As a result, Carson may be held liable for breach of contract if his actions violate the terms of their agreement. Additionally, Carson may also be liable in tort for any losses caused by his breach, such as lost profits or damages to Peter's reputation.

Moreover, Carson must make restitution for any profits or property received as a result of his breach of fiduciary duty. This means that Carson must return any money or property that he received while acting against Peter's interests.

Overall, all of the choices in the question are correct, so the best answer is D.

Carson,who Is an Agent for Peter,breaches His Fiduciary Duty to Peter.Carson