Which of the Following Is NOT True

question 50

Multiple Choice

Which of the following is NOT true?

• A) 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.
• B) A fiduciary duty exists when there is an existing contract between the professional and the client.
• C) A fiduciary duty requires complete fidelity and loyalty to the other party.
• D) The principles for determining damages for breach of contract and breach of fiduciary duty are not necessarily the same.
• E) A fiduciary duty requires that a professional avoid situations that give rise to a conflict of interest.

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Definitions:

Ego

The component of the psyche that is responsible for dealing with reality while mediating between the desires of the id and the morals of the superego.

Id

In Freudian psychoanalysis, the part of the mind in which innate instinctive impulses and primary processes are manifested.

Superego

In psychoanalytic theory, the part of the personality that acts as a moral center, enforcing societal norms and values and controlling the desires of the id.

Psychic Energy

A concept in psychoanalytic theory referring to the force or drive behind human behavior, emotions, and thoughts.