Charlotte has acted for many years as a purchasing agent in New Brunswick for SoFine Seafood Products Ltd$.,$ an Ontario$-$based company. Charlotte was recently informed that SoFine has declared bankruptcy. She has been contacted by one of SoFine$$s competitors who want her to work for them. What is Charlotte$$s legal position

Charlotte continues to be bound to her agency agreement with SoFine until she is released by SoFine.

Charlotte$$s would breach her fiduciary duty to SoFine if she goes to work for a competitor.

Charlotte$$s agency was terminated by SoFine$$s bankruptcy, so she is free to enter into a new agency agreement.

Charlotte$$s only legal option is to take over SoFine$$s business operations in New Brunswick.