Fiduciary duty refers to someone's obligation to act in the best interest of another. This duty is fundamental in business relationships, where trust and loyalty are paramount. A breach of that duty occurs when a fiduciary acts contrary to these obligations, leading...
In contract law, liquidated damages play a crucial role in managing and resolving disputes between parties. These clauses are pre-determined amounts stipulated in a contract that a party agrees to pay if they breach the agreement's terms. They are included in various...