"Disgorgement," in the Context of Fiduciaries,means That

question 16

Multiple Choice

"Disgorgement," in the context of fiduciaries,means that:

• A) An injured client is entitled to recover triple the amount of his provable damages
• B) An injured client is entitled to recover his actual damages, plus interest, and attorney's fees
• C) A client is entitled to recover the amount of the profits earned by the fiduciary as a result of its misconduct, even if the client did not suffer any actual damages
• D) A client is presumed to be entitled to recover the amount of the profits earned by the fiduciary, unless the fiduciary can prove that the client suffered no actual harm

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Definitions:

Western Industrialized Countries

Nations that are economically developed and have advanced technological infrastructure, primarily located in the Western hemisphere.

Protective Role

An action or a behavior aimed at preventing harm or injury to oneself or others, often seen in social, psychological, or physical contexts.

Spousal Relationship

The interpersonal bond and dynamic between married partners, encompassing emotional, physical, and social connections.

Planning Ahead

The process of thinking about and organizing the activities required to achieve a desired goal in the future.