In Which of the Following Relationships Is a Fiduciary Duty

question 99

Multiple Choice

In which of the following relationships is a fiduciary duty owed?

• A)The officers of a corporation to the shareholders
• B)The director of a corporation to the corporation
• C)The director of a corporation to the shareholders
• D)A principal to his agent
• E)An employer to his or her employees

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Definitions:

Federal Trade Commission

A U.S. government agency aimed at preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education.

Contraceptive Technique

Methods or devices used to prevent pregnancy as a part of family planning or sexual health strategies.

Family Planning

The practice of controlling the number and spacing of one’s children, using various methods of contraception and fertility management.

Vaginal Ring

A flexible, plastic ring inserted into the vagina to release hormones, preventing ovulation as a method of contraception.