Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

You are obligated to do anything you can to lawfully win an advantage for your buyer. This is an example of which fiduciary duty

Sagot :

Answer:

Loyalty

Explanation:

Fiduciary responsibility is a form of obligation one owes another.

A fiduciary duty refers to when a person or entity places trust, confidence, and reliance on another to exercise expertise in acting on the client's behalf.

The fiduciary(the person who has the dity) must willingly accept that trust and confidence. He must always act in the interest of the beneficiary.

Fiduciary responsibilities:

1. The duty of care

2. The duty of loyalty

3. The duty of obedience