Answer:
The correct answer is loyalty.
Explanation:
The fiduciary duty is the legal obligation to act in the interest of another.
The law prohibits the fiduciary from acting in any manner detrimental to the interests of the client, which is entitled to the best efforts of the fiduciary, while the fiduciary must exercise all the care and diligence at his disposal when acting on behalf of the client.
For its part, the breach of the fiduciary duty is when a fiduciary does not fulfill his responsibilities and obligations. In most cases, a third party will handle the claim of the breach of trust to ensure that it is handled correctly. The trustee may also be removed from the position and ordered to pay fines or other forms of compensation to the principal.
Even if a fiduciary claims that he was not aware of his responsibilities, he will still be charged with breach of fiduciary duty if he fails to fulfill his obligations.
Answer: $2
Explanation:
The formula for simple interest = I = prt
I =$ 100 × 0.02 × 1 = $2
At the end of one year, $2 would be made.
Answer and Explanation:
A selection process as a human resources activity must be outlined, starting with the filling out of a form by the candidates for the vacancy that they are being offered through the selection. This form must contain basic information that will allow the human resources department to select people who have the minimum requirements necessary to participate in the next phase of the process. The next phase should be an interview, to get to know the candidates, assess their communication skills and ask incisive questions about the skills they have and the level of interest in the vacancy they are competing for. This is the key moment in the process, where the human resources department will be able to determine who deserves to be selected.
Answer:
Other things equal, the fall in the price of plastic would shift Pic's marginal cost curve to the right. To maximize profits, Pic should increase its output. Since other firms in the industry do not enjoy the reduction in marginal costs, the market supply curve would not change and the market price of toothpicks would remain unchanged. Pic Industries would enjoy higher profits in the short-run
Supply restricted program heavily reduce the amount of products that sold in the market (that mostly came from import) in order to increase the price and income for local business.
But one thing that needed to be considered is, when the price is increased, the demand for that product will decrease at the same time, so eventually the sellers will have to bring the price down again to increase the demand.
