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2 June, 20:35

Pete is a life agent who has misappropriated fiduciary funds to his own use. what is pete guilty of?

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  1. 2 June, 20:52
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    In this case, Pete is guilty of: Theft

    An action will be considered as 'theft' if that person take something that does not legally belong to them without the owner's permission.

    When pete used the fiduciary fund for his own use, he took the money from trust owner without that owner's permission.
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