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- 1.Duties (Not) Owed to Borrowers
- Publish Date
- 10 Nov 2009
- Organisation
- Aird & Berlis LLP
- Summary
Beyond good faith, there are at least two distinct categories of duty that a financial institution lender might have to a customer borrower: fiduciary duty (a breach of which is called a "breach of fiduciary duty") and duty of care (a breach of which may be called "negligence").
- Jurisdictions
-
- Canada
- Sectors
-
- Banking & Finance
- Financial Services and Regulation
- Litigation and Dispute Resolution
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