Multiple choice

Fiduciary relationship is a relationship based on

  1. contract

  2. blood relationship

  3. money

  4. <font size="2">t</font>rust
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A fiduciary is someone who has undertaken to act for and on behalf of another in a particular matter in circumstances which give rise to a relationship of trust and confidence. A fiduciary duty is the highest standard of care at either equity or law.

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