Duty of Employee to Current Employer | CFA® Level 1 Exam Prep

Duty of Employee to Current Employer

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Question

An employee has a duty of ________ to his current employer, even if he has already disclosed plans to leave within the near future.

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A. B. C. D. E.

A

Standard III (B) states that a departing employee is free to make preparations to go into a competitive business before terminating the relationship with the employee's current employer provided that such preparations do not breach the employee's duty of loyalty.