NewCo hires Troy as a consultant to assist the company with improving its technical efficiency. Which of
Question:
NewCo hires Troy as a consultant to assist the company with improving its technical efficiency.
Which of the following is not true?
a. Troy owes a fiduciary duty to NewCo.
b. If Troy breaches his fiduciary duty, NewCo is entitled to rescission as a remedy.
c. NewCo owes Troy the duty of loyalty.
d. Troy cannot engage in any activity that is a conflict of interest with NewCo’s interests
e. If Troy dies, the agency is terminated through operation of law.
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c The principals duty to the agent is typica...View the full answer
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Related Book For 
The Legal Environment Of Business A Managerial Approach Theory To Practice
ISBN: 9781259686207
3rd Edition
Authors: Sean P Melvin; F E Guerra-Pujol
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