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fiduciary |
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fiduciary (fidoo´shēerē), n a person who has a duty to act primarily for another's benefit, as a trustee. Also, pertaining to the good faith and confidence involved in such a relationship. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Current rule 99 allows discipline for acts or crimes that are related to the practice of public accountancy, which include, among other things, dishonesty, fraud, breach of fiduciary responsibility and gross negligence in the practice of public accountancy. But if you know there is a 100% chance of a natural or manmade disaster affecting your business, is it a breach of fiduciary responsibility not to take a proactive approach to disaster risk management? SAG has countersued Metoyer, alleging fraud and breach of fiduciary responsibility, and has retained O'Melveny & Myers to join its original firm in the suits, Geffner & Bush. |
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