When the Dominant Party in a Fiduciary Relationship Benefits from That

question 57

True/False

When the dominant party in a fiduciary relationship benefits from that relationship, a presumption of undue influence arises.​

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Definitions:

FAIS

The Financial Advisory and Intermediary Services Act, a regulation aiming to protect consumers by regulating financial service providers in certain jurisdictions.

Lack of Communication

A situation where insufficient or ineffective exchange of information leads to misunderstandings or conflicts.

Acquire Goods

The process of obtaining physical or digital products through purchase, lease, or barter to support an organization's operations or inventory.

External Sources

Outside entities, data, or information that contribute to an organization's decision-making, research, or strategic planning.