Which of the following is NOT a duty of an agent?

The correct choice reflects the fundamental principles governing agency relationships. An agent has a responsibility to act in the best interests of the principal, and this includes several key duties.

The duty to account requires the agent to keep accurate records of all transactions performed on behalf of the principal and to provide those records upon request. The duty of care obliges the agent to perform their tasks with the competence and diligence that a reasonable person would exercise in similar circumstances.

The duty not to be a dual agent prohibits the agent from representing conflicting interests without informed consent from all parties involved, thus ensuring loyalty and trust in the relationship.

Competing with the principal is not a duty of the agent; in fact, it directly contradicts the agent's obligations. Agents are expected to act loyally and avoid situations where their interests could conflict with those of the principal. This means they should not engage in activities that would undermine the principal's business or interests. Therefore, the correct answer highlights that competing with the principal is not an agent's duty, aligning perfectly with the underlying principles of agency law.