A Fiduciary Has a Special Duty to Act in Another

question 31

True/False

A fiduciary has a special duty to act in another person's interest.

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Definitions:

Psychological Health

Refers to the emotional and mental well-being of an individual, encompassing how they think, feel, and behave.

Self-Determination Theory

A psychological theory focusing on human motivation and personality, which emphasizes the role of intrinsic motivation in driving behavior.

Autonomous Motivation

is a form of motivation driven by personal interest, enjoyment, or inherent satisfaction, rather than external pressures or rewards.

Psychological Needs

Fundamental human motivations that drive behaviors, including the needs for autonomy, competence, and relatedness.