Home Inspection

Category - Business Operations

Which of the following actions is an example of your fiduciary responsibilities?
  1. Acting in accordance with industry ethical standards
  2. Avoiding real and apparent conflicts of interest
  3. Making sure all transactions are legal
  4. All of the above
Explanation
Answer: D - All of the above are examples of your fiduciary responsibilities. Fiduciary responsibility involves being accountable for the rights or property of another person. As a home inspector, you have a fiduciary responsibility to your clients, to property owners, and to the home inspection industry. By taking the actions described above, you are able to meet your fiduciary responsibilities.
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