Tag Archives: directors

Fiduciary duties

In broad legal terms, fiduciary duty is an obligation on one party to act in the best interest and good faith of another party. Fiduciary duties are foundation behind the idea of good faith and confidence. Fiduciary relationship can only exist when one person trusts the other and the other fully accepts the duties and […]

Posted in Company law, David Swede commercial law, Practical business explanations | Also tagged , , | Leave a comment
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