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Business Studies

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Fiduciary rel...

Question

Fiduciary relationship means, the relationship is based on ______.

A

blood relation

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B

money

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C

trust

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D

contract

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Solution

The correct option is C trust
Fudiciary is a person or organisation which has a legal or ethical relationship, based on trust, with another person or group of persons wherein they place the interest of their client ahead of their own, and are legally bound to maintain the trust and confidentiality. Hence the correct answer is C.

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Selection to Employment

Standard XII Business Studies

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