With reference to the two characteristics of an agency relationship, the principal's right to control the agent and the fiduciary nature of the relationship, the relationship between a trustee and a beneficiary:
A) is fiduciary in nature but lacks control.
B) is subject to control but lacks the fiduciary nature.
C) is subject to control and is fiduciary in nature.
D) lacks both, the fiduciary nature as well as control.
Correct Answer:
Verified
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