Damages for Breach of Fiduciary Duty Is Restitutionary in That

question 19

Multiple Choice

Damages for breach of fiduciary duty is restitutionary in that

• A)the breach is not a tort.
• B)the breach is not a breach of contract.
• C)the client may be contributorily negligent.
• D)the client is entitled to be placed in the position he or she would have been had the breach not occurred.
• E)the professional is required to give back what she or he has taken from the client.

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Definitions:

Linear Programming

A mathematical technique used for allocation of scarce resources to various operations with the goal of optimizing a certain objective function, typically profit or cost.

Multiple Products

Refers to a business strategy or operational situation where a company offers more than one distinct product or service in its portfolio.

One Product

Refers to a manufacturing or business strategy focused on producing and selling a single type of product.

Time Charges

Fees based on the amount of time spent to perform a service, often used in professional services like law and accounting.