menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 38: Relationships Between Principal and Agent
  5. Question
    The Fiduciary Relation Between an Agent and Principal Is Two-Way
Solved

The Fiduciary Relation Between an Agent and Principal Is Two-Way

Question 17

Question 17

True/False

The fiduciary relation between an agent and principal is two-way, that is, the agent is the principal's fiduciary and the principal is the agent's fiduciary.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: The principal owes the agent a fiduciary

Q13: A gratuitous agent owes the principal the

Q14: An agent may appoint his or her

Q15: An agent who accepts a bribe to

Q16: Who is an agent? List the various

Q18: Marlene hires Arthur to find a location

Q19: Most agencies are created by contracts.

Q20: Oral agencies are not legally binding unless

Q21: Raul asks his friend Alberto to make

Q22: Whether a person is an employee (a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines