The imposition of a fiduciary duty on a professional, means that the professional must display additional skill in dealing with the business affairs of the persons for whose benefit the duty has been imposed.

Question

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A fiduciary duty requires a professional to act in the best interests of the person for whom the duty is imposed, even if it means sacrificing their own interests. This requires a higher level of skill and care than would be required if the professional were only acting in their own interests.

The Imposition of a Fiduciary Duty on a Professional, Means