Which of the Following Statements Is True of Contracts Having

question 31

Multiple Choice

Which of the following statements is true of contracts having fiduciaries?

• A) Agreements by fiduciaries that favor the interests of a third person at the expense of their principals' interests is considered legal.
• B) Any agreement that tends to induce a fiduciary to breach his or her fiduciary duties is considered legal.
• C) A fiduciary is a provision in a contract that attempts to relieve one party to the contract from liability for the consequences of his or her own negligence.
• D) A fiduciary can lawfully enter an agreement by fully and fairly disclosing the conflict to his or her principal or beneficiary in advance.

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Definitions:

Machiavellianism

A personality trait characterized by a duplicitous interpersonal style, a cynical disregard for morality, and a focus on self-interest and personal gain.

Characteristics

Attributes, traits, or features that identify and distinguish an individual, object, or concept from others.

Treatment Group

A collection of individuals receiving specific interventions or therapies aimed at addressing health or behavioral conditions.

Positive Feedback

A process where the output of a system amplifies the input or encourages a behavior, often leading to growth or reinforcement in a positive direction.