If an advisor owes a fiduciary duty to a client, this means that
A) there is a higher standard of competence demanded of the advisor.
B) the advisor must put the client's interests above her own interests.
C) the advisor owed a duty not to be negligent respecting work done for the client.
D) both A and C
E) all of the above
D
You might also like to view...
Jana is a member of a culture that uses high-context communication. It is likely that Jana is part of which type of culture?
a. Individualistic b. Collectivistic c. Dominant d. Sub-culture
A(n) ________ is the most common type of incentive plan. It compares a worker's performance against an objective standard with pay determined by his or her own performance.
A. stock plan B. gainsharing plan C. profit-sharing plan D. merit pay system E. individual plan
On Monday, Ellery deposits in her account at Fiscal Bank a local check for $500. After 5:00 p.m. on Friday, from these funds, Ellery can withdraw no more than A) $100
B) $400. C) $500. D) $600.
In the month of August, a firm had total cash receipts of $10,000, total cash disbursements of $8,000, depreciation expense of $1,000, a minimum cash balance of $3,000, and a beginning cash balance of $500
The ending cash balance for August totals ________. A) $1,500 B) $5,500 C) $2,500 D) $3,500