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6:42
Study.com
Fiduciary Duty | Definition & Examples
Learn about fiduciary duties. Understand what fiduciary duty is, learn what constitutes fiduciary responsibility, and identify the main fiduciary duties.
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Nov 1, 2013
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Did you know agents owe a fiduciary responsibility to their clients. There are five main fiduciary duties: Loyalty, notification, performance, obedience, and accounting. The fiduciary duty of obedience is breached when an agent does not follow the principal's (client) instructions. I also provide applicable information with predictable outcomes. I introduce real scenarios featuring reward vs. risk. My clients are always the final decision maker. I am here to advise my clients unto a desirable ou
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