The fiduciary principle is based on the belief that stakeholders who have a vested interest in the firm should be treated fairly.

Question

Quizplus · Accepted Answer

The fiduciary principle is primarily focused on the duty of loyalty and care that fiduciaries owe to their principals or beneficiaries, ensuring that they act in their best interests, rather than on the broader concept of treating all stakeholders fairly.

The Fiduciary Principle Is Based on the Belief That Stakeholders