1. Principals and Agents have many duties, including fiduciary duties and general duties.

Select one duty.Without naming the duty, create a story problem in which an agent (or principal) either does, or does not fulfill the duty. (Frequently more than one duty applies to a situation. Try to emphasize one particular duty.) Provide enough detail that a classmate will be able to identify the type of duty described and whether the duty was fulfilled or breached.

State the type of duty you described. Applying information from your book to your story problem, explain whether the duty was fulfilled or breached.