Question

Which of the following fiduciary duties requires the agent to be completely open and honest with...

Which of the following fiduciary duties requires the agent to be completely open and honest with their principals?

Question 25 options:

1)

the duty of disclosure

2)

the duty of confidentiality

3)

the duty of loyalty

4)

the duty of obedience
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Answer #1

The duty of disclosure requires that - An agent is obligated to disclose to his principal all relevant and material information that the agent knows and that pertains to the scope of the agency.

The answer is 1) the duty of discolsure

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