A Fiduciary Is Required to Act Primarily in the Interests

question 55

Multiple Choice

A fiduciary is required to act primarily in the interests of the person to whom a responsibility is owed.Which of the following notions would a business law professor most likely identify as capturing the concept of that requirement?

• A) good faith and due care
• B) loyalty and trust
• C) honour of profession
• D) due diligence and honesty

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Definitions:

Electroshock

Electroshock, also known as electroconvulsive therapy (ECT), is a psychiatric treatment in which seizures are electrically induced in patients to provide relief from mental disorders.

DNA Polymerase

An enzyme that catalyzes the synthesis of DNA strands from deoxyribonucleotides, using an existing DNA strand as a template.

Gene Therapy

A medical technique that modifies or manipulates genes in an individual's cells to treat or prevent disease.

Allergic

Pertaining to or suffering from allergies, a condition where the immune system reacts abnormally to a foreign substance.