An Agent Has a Fiduciary Duty to Exercise Their Duties

question 67

Multiple Choice

An agent has a fiduciary duty to exercise their duties in a way that:

• A)is not contrary to the interests of the principal.
• B)is mutually advantageous.
• C)puts the interests of the principal beyond all other considerations.
• D)promotes the interests of the principal amongst third parties however possible.

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Definitions:

Throat

Part of the neck in front of the spinal column that contains the pharynx and larynx, allowing for passage of food to the esophagus and air to the lungs.

Albert Einstein

A theoretical physicist renowned for developing the theory of relativity, one of the two pillars of modern physics, and making significant contributions to the field of quantum mechanics.

Gandhi

A preeminent leader of the Indian independence movement in British-ruled India, known for his philosophy of nonviolent resistance.

Flesh And Blood

A phrase used to emphasize that someone is a living human being with emotions and vulnerabilities, often used in a familial context.