In which of the following cases would a fiduciary duty be breached?
A) A stockbroker advises a client to buy shares in a company in which he is a substantial shareholder without disclosing the fact of his preexisting shareholding to the client
B) A director of a company buys property from the company after misrepresenting its true value to the other members of the board of directors
C) A real estate agent who has been authorized to search for property buys a property and sells it back to his client for three times the value
D) A stockbroker advising an elderly woman on investing money after her husband died and she has no investing experience and he has her put it into a new startup he owns
E) All of the above
E
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Exclusions are used in insurance contracts for all of the following reasons EXCEPT:
(a) to provide a physical description of the property to be insured (b) to prevent moral hazard from occurring (c) to eliminate the duplication of coverage (d) to avoid coverage of uninsurable perils
The basic approach of a customer-centric sales process is to get around customer concerns and complaints by presenting them loads of information
Indicate whether the statement is true or false.