This Is the Legal Duty of a Representative to Manage

question 53

Multiple Choice

This is the legal duty of a representative to manage property in the interest of the owner.

• A) Contributory liability
• B) Fiduciary responsibility
• C) Principal accountability
• D) Ownership interest

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Definitions:

Peer Conformity

The tendency to adopt the behaviors, attitudes, or values of one's peer group in order to fit in or be accepted.

Peer Pressure

The influence exerted by a peer group, encouraging individuals to change their attitudes, values, or behaviors to conform to group norms.

Nonconformists

Individuals who reject or do not adhere to the norms, values, or practices of the majority society or group.

Identity Foreclosures

A state in developmental psychology where an individual prematurely commits to an identity without adequately exploring alternatives.