Suppose Camille, an agent, negotiates a transaction her principal wants and takes a little gratuity that the third party has offered her in order to hurry the deal through. The principal, satisfied with the transaction, pays Camille and then learns about the gratuity. Has Camille violated her fiduciary duty to her principal?
Suppose Camille, an agent, negotiates a transaction her principal wants and takes a little “gratuity” that the third party has offered her in order to hurry the deal through. The principal, satisfied with the transaction, pays Camille and then learns about the gratuity. Has Camille violated her fiduciary duty to her principal?
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Related Book For
The Legal Ethical and Regulatory Environment of Business in a Diverse Society
1st edition
Authors: Dawn Bennett Alexander, Linda Harrison
ISBN: 978-0073524924