In Which of the Following Relationships Is a Fiduciary Duty

question 78

Multiple Choice

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

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

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Definitions:

Top-Down Processes

Cognitive processes that are driven by higher mental processes, such as experience and expectations, influencing how we perceive the world.

Template-Matching Theory

A theory of recognition that posits individuals use stored templates or patterns in their memory to recognize objects.

Texture

The feel, appearance, or consistency of a surface, material, or substance.

Shading

A technique used in drawing and painting to create depth, contrast, and a sense of volume by varying the darkness of color or pencil marks.