A in good faith believing it will be more for Z's advantage to hold shares in the Bank of Bengal, disobeys Z's directions, and buys shares in Bank of Bengal, for Z, insteadof buying Company's paper. Here Z might have to suffer loss.

A in good faith believing it will be more for Z's advantage to hold shares in the Bank of Bengal, disobeys Z's directions, and buys shares in Bank of Bengal, for Z, insteadof buying Company's paper. Here Z might have to suffer loss. Correct Answer None of them

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A, residing in Calcutta, is agent for Z, residing at Delhi. There is an express or implied contract between A and Z, that all sums remitted by Z to A shall be invested by A, according to Z's direction. Z remits a lakh of rupees to A, with directions to A to invest the same in Company's paper. A dishonestly disobeys the directions and employs the money in his own business.