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Overall, fidelity is a vital principle that applies to various aspects of life, especially in legal contexts. It emphasizes the importance of loyalty, honesty, and commitment, which are essential for maintaining trust and ensuring that agreements are honored. What are some examples of "fidelity" in legal contracts?
- What Is Fiduciary Obligation?
- Breaches of Fiduciary Obligation
- Indigenous Peoples
The legal system recognizes many special relationships in which one party is required to look after the best interests of the other in the best possible way. These relationships are called fiduciary relationships. They include solicitor/client, physician/patient, priest/parishioner, parent/child, partner/partner, director/corporation and principal/...
Breach of fiduciary duty is a serious violation. Stringent remedial rules are used to put beneficiaries in the position they would have been in had there not been a breach of fiduciary duty. The beneficiary will be compensated for any losses flowing from the breach, such as a loss of an investment, or physical and mental suffering flowing from sexu...
The Crown has a fiduciary obligation toward Indigenouspeoples. The RoyalProclamation of 1763 established the relationship between the Crown and Indigenous people, and outlines that the Crown must act only in the interests of Indigenous people. In other words, the Crown must behave in accordance with fiduciary duty. After the Guerincase, fiduciary d...
This article seeks to accomplish what might appear to be discrete tasks. Primarily, it seeks to establish a functional basis for understanding the fiduciary concept and the resultant duties accompanying the relationships that may appropriately be described as fiduciary. 10. 10.
Mar 25, 2010 · The plaintiff in Galambos was a part-time bookkeeper and office manager of a law firm founded by the defendant lawyer. She was also a client of the law firm, which performed a handful of unpaid legal tasks for her during her employment (i.e., the preparation and execution of a will, and two mortgage transactions).
fidelity. Definition of "fidelity". It refers to the level of loyalty or faithfulness. How to use "fidelity" in a sentence. The fidelity of the manager to the company principles impressed the board of directors. The contract required a high degree of fidelity from the contractor to adhere to the terms laid out.
Oct 14, 2024 · fidelity. in A Dictionary of Human Resource Management (2 rev) Length: 117 words. Under the common law of contract an employee owes a duty of fidelity or loyalty to an employer. This means that as long as the employment contract continues, the employee must not compete with the employer or work for a competitor. This is an implied term of the ...
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Aug 8, 2024 · The duty of fidelity is also known as the Duty of good faith, or of loyalty. Fidelity is a broad concept containing a number of more specific duties, some of which overlap both with each other and with the duty of trust and confidence (see Practice Note: The term of trust and confidence): I confirm I am a lawyer or work in a legal capacity ...
