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

法律翻译Jessie，在一家亚洲一流律师事务所的北京办公室担任全职法律翻译，擅长翻译有关港口、铁路、公路与海运的法律文件。