duty of loyalty

A person’s duty not to engage in self-dealing or otherwise use his or her position to further personal interests rather than those of the beneficiary.

• For example, directors have a duty not to engage in self-dealing to further their own personal interests rather than the interests of the corporation.

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词条贡献者

资深译员Steven，毕业于美国一流的高级翻译学院，专注翻译各种与政府政策有关的法律文件。