A fiduciary:
A)is a person in a confidential relationship who owes a duty of trust and loyalty to another.
B)must deal at arm's length with the other party to the relationship.
C)has the same duty of disclosure to the other party to the relationship as one who is not a fiduciary.
D)Both (a) and (b).

Question

Quizplus · Accepted Answer

A fiduciary is someone who is in a position of trust and loyalty, such as a trustee or an agent, and must act in the best interest of the other party, not at arm's length.

A Fiduciary