The Tender For Law

Volume 5

Jan 07, 2014 7:37 PM

Derek Moran

I was sitting on the subway recently where i spotted the girl next to me studying to become a CHARTERED ACCOUNTANT, and before she put her Instructor-notes away, i asked her if i could scribble this part down i noticed while she was flipping the pages.....

FIDUCIARY DUTY AND BREACH OF TRUST -Professionals owe a Fiduciary Duty to Clients

1: MUST act with LOYALTY and GOOD FAITH 2: MUST disclose PERTINENT information 3: MUST use EXTREME CARE with funds ENTRUSTED to them (Breach of trust)