Which of the Following Is NOT True

question 21

Multiple Choice

Which of the following is NOT true?

• A)A fiduciary duty exists when there is an existing contract between the professional and the client.
• B)The principles for determining damages for breach of contract and breach of fiduciary duty are not necessarily the same.
• C)A fiduciary duty requires that a professional avoid situations that give rise to a conflict of interest.
• D)The existence of a fiduciary duty means that a lawyer cannot,as a general rule,act for a purchaser and vendor at the same time.
• E)A fiduciary duty requires complete fidelity and loyalty to the other party.

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Definitions:

Working memories

The part of short-term memory that is concerned with immediate conscious perceptual and linguistic processing.

Explicit memory

The conscious, intentional recollection of factual information, previous experiences, and concepts.

Reading comprehension

The ability to understand, interpret, and derive meaning from written text.

Working memory

A cognitive system responsible for temporarily holding information available for processing, crucial for reasoning and the guidance of decision-making and behavior.