In the context of a trustee-beneficiary relationship, identify the true statements about fiduciary duty. Choose all responses that apply. The fiduciary is held liable if he or she takes advantage of the fiduciary position. The trustee is the principal. Fiduciary duties are not applicable in cases of nonprofit organizations. Fiduciaries cannot be beneficiaries. The fiduciary legally owns the trust in concern. The beneficiary lacks the power to dissolve the trust