Topic: Fiduciary Duty
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What is the Fiduciary Duty of a Trustee?
A trustee's fiduciary duty is the make sure that the best interest of the interested parties are met. The trustee has the obligation to make decisions that will best protect his client. For more information, look here: http://www.lectlaw.co... Read More »
Source: http://answers.ask.com/Business/Finance/what_is_the_fiduciary_dut...
What is Fiduciary Duty?
The term fiduciary duty refers to an obligation of trust and care between parties. For example, when a company calls you over the phone and requests a credit card for payment, the agent taking your credit card information has a fiduciary du... Read More »
Source: http://answers.ask.com/Society/Other/what_is_fiduciary_duty
What Is the Meaning of Fiduciary Duty?
According to U.S. Legal, a fiduciary duty is an obligation to act in the best interest of another party. For instance, a corporation's board member has a fiduciary duty to the shareholders, a trustee has a fiduciary duty to the trust's bene... Read More »
Source: http://www.ehow.com/facts_6740419_meaning-fiduciary-duty_.html?re...
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Fiduciary Duty
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1 Avoid self-dealing . A self-dealing transaction in one in which a director enters into on behalf of the corporation that directly or indirectly benefits the director personally. For example, let us assume that the director represents a co...
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Source: http://www.wikihow.com/Uphold-a-Fiduciary-Duty
A fiduciary is a person who agrees to act for another person or organization, putting the interests of the other, called a principle, ahead of his own. A board member of a corporation has a fiduciary duty to shareholders. A rock band's mana...
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Source: http://www.ehow.com/list_6924216_fiduciary-duties-conflict-intere...
A fiduciary duty is a legal duty involving two or more parties. The fiduciary duty of an executor deals specifically with wills and the debts of someone who has just passed away. Here is how to fulfill your duties if you find yourself in th...
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Source: http://www.ehow.com/how_2065849_fulfill-fiduciary-duty-as-executo...
fiduciary duty: the legal duty of a fiduciary to act in the best interests of the beneficiary
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Source: http://www.kgbanswers.com/whats-the-definition-of-fiduciary-duty/...
1. the legal duty of a fiduciary to act in the best interests of the beneficiary
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Source: http://www.audioenglish.net/dictionary/fiduciary_duty.htm
It is not management that has this responsibilty per se, but the owner of an incorporated busines selling stocks. Such businesses MUST make money for their shareholders as part of their fiduciary duty/responsibility.
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Source: http://wiki.answers.com/Q/What_does_it_mean_that_a_management_has...
