A Fiduciary Duty Exists in Which of the Following Business

question 76

Multiple Choice

A fiduciary duty exists in which of the following business relationships?

• A)business partners to each other
• B)directors of a corporation to the corporation
• C)a professional advisor such as an accountants to their clients
• D)agent to a principal
• E)all of the above

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Definitions:

Privacy

The state or condition of being free from unauthorized intrusion into one’s personal information or affairs.

Activities

Tasks, events, or actions undertaken by individuals, often for enjoyment, relaxation, or achieving specific goals.

Hartshorne and May

Researchers known for their studies in the field of moral development, particularly for their work in the 1920s on honesty in children.

Research

The systematic investigation into and study of materials, sources, etc., in order to establish facts and reach new conclusions.