In Which of the Following Is There NOT a Fiduciary

question 10

Multiple Choice

In which of the following is there NOT a fiduciary duty owed?

• A)Officer of a corporation to the corporation
• B)Agent to her principal
• C)Director of a corporation to the corporation
• D)Partners to each other
• E)Shareholder of a corporation to the corporation

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Definitions:

Opportunity Cost

Overlooking potential advantages by settling on a single alternative.

Sandwiches

A food item typically consisting of two pieces of bread with meat, cheese, vegetables, or other fillings between them.

Production Possibilities Curve

A graphical representation showing the maximum number of goods or services that can be produced using limited resources.

Efficiently

Performing or functioning in the best possible manner with the least waste of time and effort, ensuring productivity and effectiveness.