In Which of the Following Cases Would a Fiduciary Duty

question 72

Multiple Choice

In which of the following cases would a fiduciary duty be breached?

• A)A stockbroker advises a client to buy shares in a company in which he is a substantial shareholder without disclosing the fact of his preexisting shareholding to the client
• B)A director of a company buys property from the company after misrepresenting its true value to the other members of the board of directors
• C)A real estate agent who has been authorized to search for property buys a property and sells it back to his client for three times the value
• D)A stockbroker advising an elderly woman on investing money after her husband died and she has no investing experience and he has her put it into a new startup he owns
• E)All of the above

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Definitions:

Social Inventions

Innovations or creations within society that relate to its organization, structures, or functioning, often addressing societal needs.

Social Inventions

Novel creations that represent solutions to social problems or additions to social practices, often in the form of norms, laws, or social structures.

Group Effort

The combined endeavors of individuals working collectively towards a common goal, leveraging teamwork and collaboration.

Sustainable Organization

An entity that operates in a way that is environmentally responsible, socially beneficial, and economically viable over the long term.