The Level of Care Expected of a Reasonable Person Under

question 24

Multiple Choice

The level of care expected of a reasonable person under similar circumstances in meeting one's fiduciary duty is called:

• A) Duty of loyalty
• B) Duty of care
• C) Transparency
• D) All of these

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Definitions:

Reflex

An automatic, involuntary reaction to a specific stimulus that does not require conscious thought.

Habit

A regular behavior or routine that is repeated often and tends to occur subconsciously.

Associative Learning

Learning that occurs when an organism makes a connection, or an association, between two events.

Latent Learning

The process by which knowledge is acquired subconsciously and without immediate evidence of any change in behavior.