Final answer:
Agents have duties imposed on them in their relationships with third parties, including a duty to act in the best interests of the principal and to avoid conflicts of interest.
Step-by-step explanation:
In the context of agency law, agents have duties imposed on them in their relationships with third parties. These duties can vary depending on the nature of the agency relationship, but they generally include a duty to act in the best interests of the principal and to avoid conflicts of interest. Agents may also have a duty to disclose material information to third parties and to exercise reasonable care and skill in carrying out their duties.
For example, in a real estate agency relationship, an agent has a duty to provide accurate information to potential buyers and to represent the interests of the seller. If the agent breaches these duties and causes harm to a third party, they may be held liable for their actions.
Therefore, the best option to describe the duties imposed on agents to third parties is limited duties.