Please select the correct answers.

D Question 1 1 pts When a professional is in a fiduciary relationship This contractual relationship requires complete fidelity and loyalty The special contractual relationship of trust requires complete loyalty and fidelity O It imposes liability where there is not negligence The contractual duty imposed prevents any personal profit-making without consent as a result of the relationshipD Question 2 1 pts In which of the following relationships is a duciary duty of care unlikely to be owed? O The relationship between seller and buyer of real estate 0 The relationship between principal and agent 0 The relationship between professional and client 0 The relationship between partner and partnership D Question 3 1 pts To which of the following parties does a professional accountant preparing financial statements for a corporation not always owe a duty of care? O d) To a majority shareholder making a decision as to who should manage the corporation O To a bank that tells the accountant that it will rely on the financial statements to make a loan in the amount of $10 million To the professional accountant's client corporation O To all third parties that actually see the financial statements and rely on themD Question 4 1 pts When a professional is in a fiduciary relationship O It imposes liability where there is not negligence O This contractual relationship requires complete fidelity and loyalty O The special contractual relationship of trust requires complete loyalty and fidelity O The contractual duty imposed prevents any personal profit-making without consent as a result of the relationshipQuestion 5 1 pts To win her action in negligence against a professional person, the plaintiff must prove, among other things, that the defendant's conduct was below an acceptable standard of care. Which of the following is the legal standard of care demanded of a professional person? 0 That she act as a reasonably prudent person 0 That she act as may reasonably be expected of the reasonably prudent professional in that class 0 That she act to the very best of her ability 0 That she act sincerely and as may reasonably be expected of a skilled professional