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On Monday, Wagner sends his agent, Franz, a check for $ 2 0 , 0 0 0 with instructions to purchase a delivery truck for

On Monday, Wagner sends his agent, Franz, a check for $20,000 with instructions to purchase a delivery truck for Wagner's business. On Tuesday, in order to cover a pending personal bill, Franz deposits the $20,000 in his own account with the intent to replace the funds with a loan from his credit union. On Friday, Franz replaces the money and purchases the truck. Franz violated what fiduciary duty?
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