A recent article in the Lawyers Weekly began, The law of fiduciary duty is the hottest legal
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Question:
- A recent article in the Lawyers Weekly began, The law of fiduciary duty is the hottest legal issue these days! Which of the following is false about the meaning of "fiduciary duty?"
- Select one:
- a. Fiduciary duty is based on the principle of acting with utmost good faith.
- b. The principal owes the agent a fiduciary duty just as the agent owes it to his principal.
- c. Under the concept of fiduciary duty, an agent must place the interests of his/her principal above all except the law.
- d. In some cases, fiduciary duties are imposed both by common law and by statute.e. Under the concept of fiduciary duty, an agent must act with full disclosure towards his/her principal.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: