Which of the following illustrates an agent's fiduciary duty?
A. An agent believes that her principal is making a poor business
decision, but she enters the agreement on behalf of her
principal as instructed.
B. An agent makes a deal with a client that will result in greater
profit for her principal, even though her own bonus is likely to
be less
C. An agent believes that her principal is making a poor business
decision, so she refuses to enter the agreement on behalf of
her principal as instructed.
D. An accountant agent lacks knowledge about a unique
situation in her principal's finances, so she consults with other
accountants
Answer:
B
Explanation:
I think this is B just because it seems to be the one answer where the agent really commits to helping the client - C is also a viable answer but I think its B - Good Luck!
8. As a minor, you risk what penalty if you pass a stopped school bus?
A. O Jeering from the school kids
B. O A high speed chase
C. O License suspension
D. O Other
Answer:
C.
The others make no sense.