Michael D. Bayles | The Professional-Client Relationship
Bayles presents a number of ethical models relevant to the professional-client relationship, based on the proportion of authority and responsibility expected from each: agency, contract, friendship, paternalism, and fiduciary. He concludes with support for a model that gives the most freedom and authority to clients, given their knowledge of the situation, a contract between equals whenever possible, and a paternalistic model only for cases in which a client may be incompetent
-The fiduciary model of the professional-client relationship is based on
A) authority.
B) trust.
C) friendship.
D) equality.

Question

Michael D. Bayles | The Professional-Client Relationship 
Bayles presents a number of ethical models relevant to the professional-client relationship, based on the proportion of authority and responsibility expected from each: agency, contract, friendship, paternalism, and fiduciary. He concludes with support for a model that gives the most freedom and authority to clients, given their knowledge of the situation, a contract between equals whenever possible, and a paternalistic model only for cases in which a client may be incompetent
-The fiduciary model of the professional-client relationship is based on
A) authority.
B) trust.
C) friendship.
D) equality.

Quizplus · Accepted Answer

The fiduciary model is based on trust, where the professional is expected to act in the best interest of the client, maintaining a relationship of trust and confidence.

Michael D. Bayles | the Professional-Client Relationship