What is the relationship among fiduciaries, agents, and professionals? What special obligations are characteristic of a fiduciary but not of an agent? What are the characteristics of professionals? How are these relationships affected by some type of conflict of interest? Give an example (not one found in your text) of a conflict of interest that an agent may face in a business situation.

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According to the definition giving in the course book any person whose duty is to look after the real assets of any other person is said to be Fiducia... View the full answer