Question

it would not be a violation of the fiduciary duty of an agent to a principal...

it would not be a violation of the fiduciary duty of an agent to a principal if the agent borrowed the property of the principal for the agent's own use, if that is not authorized, even if the agent returned the property unchanged.

true false

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Answer #1

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it would not be a violation of the fiduciary duty of an agent to a principal if the agent borrowed the property of the principal for the agent's own use, if that is not authorized, even if the agent returned the property unchanged.

THE GIVEN STATEMENT IS

False

Explanation:

If the agent uses the property of the principal for their own benefit without the authorization of the principal, the action of the agent is in violation of the agent's fiduciary duty to the principal. As long as the agent uses the property of the principal for their own benefit without the permission and knowledge of the principal, they are considered to have violated their fiduciary duty to the principal.

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