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28 June, 22:19

The agency relationship is a fiduciary relationship and is based upon trust

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  1. 28 June, 22:42
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    True

    Explanation:

    Trust must exist between the agent and the client, and the agent should remain loyal to his or her client.

    Agency relationships exist when an agent (a person) acts for or on behalf of his client (also referred to as the principal).

    This type of relationship can only exist as long as mutual trust exists between the agent and his client.
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