An Agent Owes a Fiduciary Duty to the Third Party

question 52

True/False

An agent owes a fiduciary duty to the third party to act in that third party's best interest.

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Definitions:

Learning Strategy

An approach or technique employed to facilitate the acquisition, retention, and application of knowledge or skills.

Realistic Goal

An achievable, specific, and clearly defined objective set by an individual, considering their current resources and constraints.

Desired Behavior

A target behavior that is identified for change or reinforcement in a positive direction.

Biopsychosocial Approach

A holistic perspective on health and illness that integrates biological, psychological, and social factors.