Section 1(1) of the Restatement (Second) of Agency defines agency as a(n) _____ relationship "which results from the manifes

Question

just olya [345]

3 years ago

10

Section 1(1) of the Restatement (Second) of Agency defines agency as a(n) _____ relationship "which results from the manifes

tation of consent by one person to another that the other shall act in his behalf and subject to his control."

Business

1 answer:

jasenka [17] · Answer 1 · 2022-09-27T23:22:26+03:00

Answer:

Fiduciary

Explanation:

Fiduciary is a person or organization which acts on behalf of another person to manage assets. The fiduciary must act in others' best interests. A fiduciary is responsible for both general well being and the finances of their clients. Financial advisers, Money managers, Bankers and Accountants, they all have fiduciary responsibilities.

Section​ 1(1) of the Restatement​ (Second) of Agency defines agency as​ a(n) _____ relationship ​"which results from the manifes

Section 1(1) of the Restatement (Second) of Agency defines agency as a(n) _____ relationship "which results from the manifes