Question

In: Psychology

What does it mean when we say that an expert has a “fiduciary relationship” with a...

What does it mean when we say that an expert has a “fiduciary relationship” with a client?

Solutions

Expert Solution

When a fiduciary relationship is there between an expert and his/her client then the expert will held fund for the client in a trust account for clients fund i.e they are kept separate and not mixed with general funds of expert of the firm. Here a legal or ethical relationship is there between the expert and the client.


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