Lucy,the administrator of pension and welfare plans for the Gold Sea Corporation,invests all of the participants' funds in the stock of TechvaSys Inc.The stock price plummets,resulting in a loss for the participants.Thus,Lucy has:
A) violated her fiduciary duty of disclosure.
B) violated her fiduciary duty of diversification.
C) violated her fiduciary duty of selective purpose.
D) violated her fiduciary duty of transparency.
Correct Answer:
Verified
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