Relationships

What is a Fiduciary Relationship? Explained with different examples!

What is a fiduciary relationship?

The term fiduciary relationship in legal parlance referred to the relationship between two parties, where one Party put its blinding trust/ confidence in the other Party. The Party whose trust is placed has a duty to act in the other Party’s best interest. The term fiduciary is used for the Party who is bound to […]

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