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1. True/False The legal definition of a fiduciary is a person to whom another has placed the utmost trust and confidence to manage and protect

1. True/False

The legal definition of a fiduciary is a person to whom another has placed the utmost trust and confidence to manage and protect property or money.

2. True/False

In a fiduciary relationship all actions are performed for the benefit of both parties.

3. True/False

Blood relation alone automatically brings about a fiduciary relationship.

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