The term fiduciary is at the heart of agency law.

Name: The term fiduciary is at the heart of agency law.
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Question

The term fiduciary is at the heart of agency law.​

Quizplus · Accepted Answer

A fiduciary is a person or entity that is authorized to act on behalf of someone else, with the duty to act in that person's best interests, and without a conflict of interest. This concept is fundamental to agency law, where agents are often considered fiduciaries of their principals.

The Term Fiduciary Is at the Heart of Agency Law