In Which of the Following Is There Not a Fiduciary

question 168

Multiple Choice

In which of the following is there not a fiduciary duty owed?

• A)Officer of a company to the company
• B)Partners to each other
• C)Manager to employer
• D)Agent to her principal
• E)Director to shareholders

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Definitions:

Units

A measure of quantity used to describe the amount of product, material, or service.

Sold

The past tense of sell; refers to the action of transferring ownership of a good or service to a buyer in exchange for money or other compensation.

Variable Cost

Costs that vary directly with the level of production or service volume, such as materials and labor.

Units

In the context of production, refers to individual items or quantities that are counted or measured.