Final answer:
The Canons of Professional Ethics and Conduct state that an agent has a fiduciary relationship.
Step-by-step explanation:
The Canons of Professional Ethics and Conduct is a set of guidelines that govern the behavior and conduct of professionals, such as lawyers, doctors, and real estate agents. One of the fundamental principles of these canons is that professionals have a fiduciary duty towards their clients, which means they have a legal and ethical obligation to act in their client's best interests.