Geoff Regularly Calls His Investment Broker to Discuss Current Market

question 32

Multiple Choice

Geoff regularly calls his investment broker to discuss current market conditions. Occasionally, Geoff requires his agent to carry out his instructions involving maturing bonds and trades of shares. How will a court view the relationship of agency that exists between Geoff and his broker?

• A) as a relationship that reposes itself in vulnerability
• B) as a relationship that reposes itself in reliance
• C) as a fiduciary relationship.
• D) as a non-fiduciary relationship

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Definitions:

Growth Needs

Refers to the intrinsic desire for personal development, achievement, and self-actualization beyond basic material or survival needs.

Physiological Needs

The basic physical requirements for human survival, such as air, water, food, shelter, and sleep, which must be met to pursue higher-level needs.

Motivators

Factors that significantly contribute to enhancing employee satisfaction and motivation, leading to improved performance.

Controlled Motivation

Controlled motivation describes a type of motivation that is driven by external pressures or obligations rather than internal desires or interests.