This Fiduciary Duty Requires the Broker to Always Act in the Best

question 9

Multiple Choice

This fiduciary duty requires the broker to always act in the best interest of the principal, to the exclusion of all other interests, including that of the broker:

• A) duty of obedience
• B) duty of loyalty
• C) duty of confidentiality

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Definitions:

Distribution Systems

Networks and processes involved in moving a product from the supplier to the customer, including logistics, warehousing, and retailing.

U.S. Coal

Coal mined in the United States, a key natural resource used for electricity generation and manufacturing processes.

Distribution System

The network used to distribute goods or power from a source to end users.