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2. An agent owes fiduciary duties to their Principal. This means that: a. The Agent must act in Good Faith & engage in Fair Dealing

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2. An agent owes fiduciary duties to their Principal. This means that: a. The Agent must act in Good Faith & engage in Fair Dealing b. The Agent must perform his/her duties with Due Diligence and Due Care c. The Agent must act in the best interest of the Principal d. All of the Above. 3. Can a Principal be held liable for the tortious acts of his/her agent? a. No, never b. Yes, a Principal is always liable for the acts of his/her agent c. Yes, at the court's discretion on whether the tortious act was committed in the course of business and scope of the agency relationship. d. What the are tortious acts? 4. A Principal is always liable for contracts entered into by agents in the course and scope of the agency and for the benefit of the Principal. In what scenario would the AGENT generally be liable to the Third Party for breach of contract he/she entered into for the Principal? a. When the Agent Disclosed the existence and identity of the Principal b. When the Agent Disclosed only the existence but not the identity of the Principal. c. When the Agent does not disclose the existence or identity of the Principal d. Both B and C

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