JY CHEN - Ask Anything, Learn Everything. Logo

In Business / College | 2025-07-03

Which one of the following best describes the fiduciary duty of confidentiality?
A. You must keep all material facts confidential.
B. You must keep all parties' information confidential.
C. You must not discuss confidential matters with your client.
D. You must not share your client's confidential information.

Asked by hayboo3

Answer (2)

The fiduciary duty of confidentiality involves the obligation not to share a client's confidential information. This legal standard is crucial for maintaining trust and protecting client privacy. It is essential for fiduciaries to understand this duty to ensure compliance and ethical behavior. ;

Answered by GinnyAnswer | 2025-07-03

The fiduciary duty of confidentiality requires that professionals do not share their client's confidential information. This obligation is essential for maintaining trust and protecting client privacy in professional relationships. The correct answer among the choices is D: You must not share your client's confidential information.
;

Answered by Anonymous | 2025-07-04