Which of the following is NOT a fiduciary duty in agency relationships?

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Multiple Choice

Which of the following is NOT a fiduciary duty in agency relationships?

In agency relationships, the agent is expected to put the principal’s interests first and handle duties with honesty and care. Fiduciary duties include loyalty (put the principal’s interests ahead of the agent’s), confidentiality (protect information), and accounting (properly managing and reporting all funds). They also cover following lawful instructions and disclosing material facts when required. Negligence, however, is about failing to exercise reasonable care in performing duties. It’s a failure in conduct, not a named fiduciary obligation. So negligence isn’t a fiduciary duty, which is why it’s the correct choice.

In agency relationships, the agent is expected to put the principal’s interests first and handle duties with honesty and care. Fiduciary duties include loyalty (put the principal’s interests ahead of the agent’s), confidentiality (protect information), and accounting (properly managing and reporting all funds). They also cover following lawful instructions and disclosing material facts when required. Negligence, however, is about failing to exercise reasonable care in performing duties. It’s a failure in conduct, not a named fiduciary obligation. So negligence isn’t a fiduciary duty, which is why it’s the correct choice.

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