Examlex
Which of the following fields appears in a new Contact card?
Fiduciary Duty
A legal obligation of one party to act in the best interest of another party, such as the duty a trustee has to beneficiaries.
Liability
Refers to the state of being legally responsible for something, such as a debt or obligation.
Agent
An individual or entity authorized to act on behalf of another, typically in a business or legal capacity, entering into agreements or making decisions.
Fiduciary Duties
Obligations one party has to act in the best interest of another party, such as a trustee towards a beneficiary.
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