Agents Have a Fiduciary Duty to Their Principals

Multiple Choice

Agents have a fiduciary duty to their principals.Which of the following is FALSE with respect to the fiduciary duty?

A) The fiduciary duty of an agent is a duty to act in good faith and in the best interests of the principal.
B) The fiduciary duty of an agent requires the agent to avoid conflicts between the interests of the principal and their personal interests.
C) The fiduciary duty of an agent requires the agent to disclose to the principal any information that may be relevant to the principal's interests.
D) The fiduciary duty of an agent may be breached even in circumstances where the principal does not experience any loss as a result of the breach.
E) The breach of a fiduciary duty requires the agent to have committed actual theft from the principal.