Difference between revisions of "Fiduciary duty"

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''Law.''
 
''Law.''
  
A fiduciary is a person who occupies a position of trust in relation to someone else such that he is required to act for the latter's benefit within the scope of that relationship.
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A fiduciary duty is a legal duty to act solely in another party's interests.
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A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship.
  
  

Revision as of 10:48, 30 March 2016

Law.

A fiduciary duty is a legal duty to act solely in another party's interests.

A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship.


See also