Answered

A fiduciary is someone who:

a. Controls access to an organization's cash or assets
b. Swears an oath before taking office
c. Betrays the trust of another
d. Acts for the benefit of another



Answer :

GinnyAnswer

Final answer:

A fiduciary is a person entrusted with acting for the benefit of another, guided by duties of loyalty and care, as seen in various professional relationships.


Explanation:

A fiduciary is a person entrusted with the responsibility to act loyally for the benefit of another person, managing assets or projects. This role involves duties of loyalty and care, ensuring actions serve the beneficiary's interests. Examples of fiduciary relationships include physicians-patients and attorneys-clients, illustrating the fiduciary duty's importance.


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