The law imposes an average standard of ethical and moral conduct on a fiduciary.

Name: The law imposes an average standard of ethical and moral conduct on a fiduciary.
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The law imposes a higher standard of ethical and moral conduct on a fiduciary, known as the fiduciary duty, which requires them to act in the best interests of their clients or beneficiaries. This standard is higher than the average standard of ethical and moral conduct that applies to non-fiduciary relationships.

The Law Imposes an Average Standard of Ethical and Moral