Agent’s fiduciary duties to principal
Bar Exam · Flashcards · Recall
BAR EXAM · FLASHCARDS
Card 1
of 11
0 got it
0 to review
Current
Got it
Still learning
Not seen
QUESTION
What remedy allows a principal to recover the profits an agent made by breaching the duty of loyalty?
QUESTION
What is an agent's duty regarding competition during the agency?
QUESTION
What must an agent do with a benefit received from a third party in connection with the agency?
Tap to flip before you grade
ANSWER
Account for it to the principal. Gifts, commissions, and kickbacks received for agency transactions belong to the principal.
Swipe → got it · swipe ← still learning
Got it
Still learning
Flip Card
Previous card
Next card