The Level of Care Expected of a Reasonable Person Under

question 5

Multiple Choice

The level of care expected of a reasonable person under similar circumstances in meeting one's fiduciary duty is called:

• A) Duty of loyalty
• B) Duty of care
• C) Transparency
• D) Fairness

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Definitions:

Play-oriented

An approach or attitude focusing on play and enjoyment, often in the context of learning or creative activities.

Group-centred

Focused on or revolving around the interests and needs of the group as a whole.

Laissez-faire

A policy or attitude of letting things take their own course, without interfering, often referred to in economics to describe a free-market system with minimal government intervention.

Coercion

The practice of compelling someone to act in an involuntary manner by use of threats or force.