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Richard has a document that gives him the power to manage his elderly father Ronald's financial affairs. Ronald has been in a home with dementia

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Richard has a document that gives him the power to manage his elderly father Ronald's financial affairs. Ronald has been in a home with dementia for many years. Richard hires Abby to sell some of Ronald's property. In this scenario, Ronald is the agent. third party beneficiary. principal. trustee. Question 10 (2 points) Renee hires Benjamin to buy a rare antique car and stresses that it must have all original parts. After many months of searching. Benjamin finds the car Renee wants, but learns the car had one of its mirrors replaced recently. Benjamin decides not to tell Renee about the replacement because he knows that Renee will tell him to keep looking, and he believes the replacement was of minor consequence. Benjamin has breached his fiduciary duty to Renee. acted with common sense. executed an illegal contract. acted in the best interests of Renee, as finding the car Renee wanted was impossible

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