Question

An agent's duty of loyalty means she likely cannot act for:

1) more than one principal
2) two more principals in the same transaction
3) more than one year for the same principal
4) an undisclosed principal

Answer 1

An agent's duty of loyalty means she likely cannot act for more than one principal.

Step-by-step explanation:

An agent's duty of loyalty means that she likely cannot act for more than one principal.

This duty of loyalty prevents conflicts of interest and ensures that the agent is fully committed to the best interests of the principal.

By acting for more than one principal, the agent may be faced with divided loyalties and may not be able to make decisions solely in the best interest of each principal.