What Is the Best Definition of a Fiduciary Relationship

question 13

Multiple Choice

What is the best definition of a fiduciary relationship?

• A)The principal pays the agent to act on his or her behalf.
• B)The principal grants an agent permission to act,either by words or conduct.
• C)A principal is liable for certain torts committed by an agent.
• D)The trustee must act in the best interests of the beneficiary.

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Definitions:

September 11

A significant date marking the terrorist attacks in 2001 on the World Trade Center in New York and the Pentagon, leading to widespread global effects.

Neoconservatives

A political movement in the United States, primarily among some conservatives, advocating for the promotion of democracy and American national interest in international affairs through military force if necessary.

Middle East

A geopolitical region centered on Western Asia and Egypt, marked by its historical, cultural, and religious significance.

Military Action

Operations conducted by armed forces to achieve a specific objective, which can range from defensive to offensive operations in both wartime and peacetime contexts.