Contract, Consent, and Fiduciary Relationships

What is the relationship between contract and fiduciary obligations? In this paper I aim to show that they are distinct juridical concepts. However, I will also explain what I understand to be the best understanding of the relationship between these two different concepts. They are distinct but overlapping. This is because fiduciary obligations arise when powers are held in a certain way. Such powers may come from a contract, which is why the concepts overlap; but they may come from another source, which is why the concepts are distinct