Question:

Fiduciary relationship means a relationship based on

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Fiduciary = trust-based duty to act in another’s best interest.
Updated On: Aug 12, 2025
  • Trust
  • Money
  • Contract
  • Blood relation or incapacity
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The Correct Option is A

Solution and Explanation

A fiduciary relationship exists when one party places trust and confidence in another, and the latter has a duty to act in the best interest of the former. Examples include trustee-beneficiary, lawyer-client, and guardian-ward relationships.
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