< Study Room | 03.01.2018

By whom is a “fiduciary duty” owed?

By whom is a “fiduciary duty” owed?

A - An employee to a fellow employee who might be harmed by their actions

B – Any employee who has signed a contract of employment to their employer

C – Anyone whose work involves paying or receiving money

D – Someone who occupies a position of trust in relation to another and acts on their behalf


Answer:

D: A fiduciary is a person who occupies a position of trust and is required to act for the latter’s benefit.

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