Which of the Following Would Strongly Suggest to a Court

question 2

Multiple Choice

Which of the following would strongly suggest to a court that a bank has entered into a fiduciary relationship with its customer?

• A) the non traditional provision of financial advice to its customer
• B) FCAC regulations' onerous fiduciary duties on banks
• C) CFSON regulations' onerous fiduciary duties on banks
• D) an implied common law expectation of competent financial advice

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Definitions:

Forms of Coercion

Various means by which individuals or entities force others to act in certain ways against their will, often involving threats or pressure.

Rule Breaches

Incidents where established rules, policies, or laws are violated, potentially leading to disciplinary action or legal consequences.

Corruption

The abuse of entrusted power for private gain.

Treatment Programs

Structured interventions designed to address health, behavioral, or substance abuse issues, aiming for rehabilitation and recovery.