Answer: duty not to profit secretly
Explanation: Fiduciary duty could be explained as a legal binding or obligation on an individual, partner or employee who is expected to act in the best interest of another. Fiduciary duty requires transparency and honesty which in most cases is usually attached to financial openness in transactions between clients and service providers. Fiduciary obligation requires that the representative or partner of the service provider deals transparently with the client especially in the best interest of other partners or organization.
If Susan agrees to take Mimms payment, duty not to make secret profit will be breached as the payment is without the consent of Andrusian consulting
Answer:
PV = $9,245.56
Explanation:
Giving the following information:
Future value (FV)= $10,000
Number of periods (n)= 2 years
Discount rate (i)= 4% = 0.04
<u>To calculate the present value (PV), we need to use the following formula:</u>
<u></u>
PV = FV / (1 + i)^n
PV = 10,000 / (1.04^2)
PV = $9,245.56
Answer: The correct answer:
A. Managing monetary policy.
Because he divided the population into smaller groups and then randomly sampled each group, he would be using a stratified random sampling procedure.