There is no distinction between an "agency" relationship and a "fiduciary"
relationship.

Question

Quizplus · Accepted Answer

While all agency relationships involve a degree of trust and responsibility, not all agency relationships rise to the level of a fiduciary relationship, which involves a higher duty of loyalty and care. Fiduciary relationships include those between attorneys and clients, trustees and beneficiaries, and agents with the authority to make financial decisions on behalf of their principal.

There Is No Distinction Between an "Agency" Relationship and a "Fiduciary