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Research and define what it means to be a fiduciary

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Reference no: EM132273623

Business Law : DQ

PROMPT:

It is often said that the concept of "fiduciary" is at the heart of agency law. Research and define what it means to be a "fiduciary" or to possess a "fiduciary duty." Identify and describe the five duties an agent is said to owe his principal.

Give an example where you have seen or experienced the concept of a fiduciary relationship in your own personal or business lives. Have you ever been involved in a situation where you felt a fiduciary duty had been breached? Were you correct, and if so, why?

REQUIREMENTS:

-Entire answer will be AT LEAST 350 words.

-Shows an excellent understanding and reflection of knowledge from the assigned discussion topic.

-Incorporates reference to literature, outside readings, and personal experience to support comments using the correct APA format.

-Contributes to discussion with clear concise comments formatted in an easy to read style that is free of grammatical or spelling error.

-Should include a Minimum of TWO scholarly or professional sources

Make sure that you ANSWER THE QUESTIONS CLEARLY AND CONCISELY. In that vein, the prompt will typically require you to consult the text material in order to formulate your answer.

Reference no: EM132273623

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