Contract Breach Of Fiduciary Duty Judgments  

         A contract is an agreement between two or more parties and in this case between the fiduciary and the beneficiary for a certain work to be accomplished to the satisfaction of the party that has sourced the work in exchange for money.

Usually a contract dispute or an accusation of fraud can bring any business completely to a stand still until the case has been resolved. It is same for the contract breach of fiduciary duty too.More...

 

Breach Of Fiduciary Duty Judgements Verdicts

Breach Of Fiduciary Duty Judgements Verdicts

The breach of fiduciary duty arises when a contract can be exposed and a pattern of mistreatment is established. For example, in a medical malpractice case the lawyer for the plaintiff must be able to prove that there has been a malpractice and significant damages have been caused due to it. However, in logical circumstances if there has been a breach of fiduciary duty, then that itself is a cause for action.

It is important to understand what a fiduciary duty is and when it is called a breach. A fiduciary duty is the legal relationship of trust and confidence between two or more parties -- the fiduciary and the beneficiary.More...

Partners Breech Of Fiduciary Duty To Other Partners

Partners Breech Of Fiduciary Duty To Other Partners

Partners are defined as two or more people engaged in a common kind of business for profit making. In partnership the partners are defined as fiduciaries to each other. A fiduciary is a person who acts in goodwill or for the good of the other person. This would mean that the partners owe each other the lawful responsibility of good faith for the business and other basic duties related to the business.

Every matter relating to the business stands as a partnership and therefore, the partners have a fiduciary responsibility to each other. The definition of partnership in business is similar to the definition of a fiduciary which encumbers all responsibilities such as loyalty, confidence and trust. More...

Definition Fiduciary Responsibiliity In Business

Definition Fiduciary Responsibiliity In Business

Fiduciary responsibility can be defined as a responsibility of an individual or a corporate trustee to handle the money or monies owned by the principal party. Basically, fiduciary responsibility in business is lawful acceptance of responsibility of that of a caretaker so that you can take care of the assets and finances or the well being of a certain party in connection to the business.

The fiduciary has a legally bound to be faithful, honest, truthful and of service to the beneficiary. He or she has to work with integrity so that the beneficiary is always benefitted by More...

Fiduciary Responsibility Of Fast Food Business

Fiduciary Responsibility Of Fast Food Business

A fiduciary responsibility means to act in the best interest of the party that has been made dependent on you lawfully. It is not a moral responsibility but a lawful responsibility. For example, if a person has the fiduciary responsibility as an investment advisor, then he or she would be responsible for investment related decisions made by the investment committee.

A fiduciary’s role in any business is to give advice when needed and the advice should be in the best interest of the beneficiary. Similarly, in a fast food business the role of a fiduciary is to give the right advice that serves forMore...

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Fiduciary responsibility of fast food business - What is fiduciary income ?
 

Malpractice Law:

What-Is-Fiduciary-Income      Before we understand what is fiduciary income, let are look at the different types of fiduciaries. There are primarily two types of fiduciaries and these are estate and trust. An estate is formed after a person dies and it consists of all the property and assets the individual possessed at the time of his death. The estate continues to function and is taken care of by an executor until the assets and property can be distributed among the beneficiaries. On the other hand, a trust refers to transference of legal ownership of assets to the trustee so that the assets within the trust can reap benefits which can be enjoyed by the beneficiary. More..

 


 

 

 
   
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