fiduciary relationship

fiduciary relationship A relationship in which one person is under a duty to act for the benefit of another on matters within the scope of the relationship. ? Fiduciary relationships ¡ª such as trustee¨Cbeneficiary, guardian¨Cward, principal¨Cagent, and attorney¨Cclient ¡ª require an unusually high degree of care. Fiduciary relationships usu. arise in one of four situations: […]