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Essay's paper info
Topic: Social Issues
Number of pages / Number of words: 2 / 500
Essay's paper body

It would be no problem if those shares are belonged to one of his client as it is legal and no breach in his contract with the principal.


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This case relates to agency matter.

Outline of Law

A stock broker can be classified as general agents who deal with buying or selling shares in the stock exchange as the representative for the clients (Maltas 2007, p. 22). As an agent, he/she has duties such as to act in good faith which means that he/she has to disclose all of the personal interests and not take a secret profit relating in any agency deals because he/she is in a fiduciary relationship with the principal (Maltas 2007, p...


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