A Person Owing a Fiduciary Duty Must Submerge Personal Interests

question 213

True/False

A person owing a fiduciary duty must submerge personal interests in favour of the interests of the principal he or she represents.

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Definitions:

Sales Salaries

Compensation paid to employees directly involved in the sales function of a business, typically comprising both base salary and commissions.

Administrative Expense

Expenses related to the general operation of a business, including salaries of executive personnel, accounting and legal services, and insurance.

Janitorial Services

A category of services that includes cleaning, maintaining, and often securing commercial or residential buildings.

Square Footages

A measurement of area used to determine the size of a space, often used in real estate and construction for billing or planning purposes.