Examlex
Which of the following is FALSE about institutionalized discrimination?
Fiduciary Duty
The legal obligation of one party to act in the best interest of another when entrusted with care of money or property.
Utmost Good Faith
A legal doctrine requiring all parties to a contract, especially in insurance, to act honestly and disclose all relevant facts.
Business's Reputation
A business's reputation is the public perception or regard for a company, significantly influencing its success by affecting customer trust and loyalty.
Agency-by-Necessity
A situation in which one party (the agent) is empowered to act for another party (the principal) under emergency circumstances, without prior authorization.
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