Which of the Following Is an Example of a Fiduciary

question 24

Multiple Choice

Which of the following is an example of a fiduciary duty owed by an agent to a principal?

• A) duty to avoid conflicts of interest
• B) duty of personal performance
• C) duty not to breach the agency contract
• D) duty to ratify on behalf of the principal

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Definitions:

Power

The ability or capacity to do something or act in a particular way, often related to control or influence over others.

Control

The power to influence or direct people's behavior or the course of events.

Narcissism

A personality trait characterized by excessive self-interest and a lack of empathy for others.

Positive Reinforcement

A method in behavior management that involves the addition of a rewarding stimulus following a desired behavior.