A duty imposed on the agent by the common law generally includes the duty:
A) to compensate.
B) of loyalty.
C) to reimburse.
D) of indemnification.

Question

Quizplus · Accepted Answer

A duty imposed on the agent by the common law generally includes the duty of loyalty. The agent's duty of loyalty requires complete honesty from the agent in all dealings with the principal. Further, the duty requires either avoidance of conflicts between the interests of the agent and those of the principal or full disclosure of any such conflict to the principal.

A Duty Imposed on the Agent by the Common Law