A fiduciary responsibility is defined as
A) a relationship of special trust and confidence when a person is entrusted with another's funds
B) the responsibility the producer has to the appointing insurer
C) the responsibility of the insured to pay premiums in a timely fashion
D) the relationship between the broker and the insurer whose products are sold"
Ans: A) a relationship of special trust and confidence when a person is entrusted with another's funds
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