question archive Karen (principal) hires John (agent) to be her financial planner
Karen (principal) hires John (agent) to be her financial planner
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Karen (principal) hires John (agent) to be her financial planner. John recommends that Karen purchase a life insurance policy because he honestly believes that her family will benefit from it. He recommends a policy from UNeed Insurance because he will receive an undisclosed commission from the company if Karen purchases it.
Is John in breach of his duty to Karen?
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