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Discuss the Treynor-Black model.
Retainer Agreement
A contractual document between a client and a professional service provider, particularly in legal fields, where the client pays an upfront fee to retain the professional's services.
Conflict of Interest
A situation in which an individual's personal interests could improperly influence the performance of their official duties.
Duties
Obligations required by law, morality, or roles, entailing actions that an individual is expected or required to carry out.
Conflicts
Situations in which interests, ideas, or values of different individuals or groups are incompatible, leading to a potential dispute or struggle.
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