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Professionals May Have Liability to Their Clients in Tort and Contract,and

question 54

Essay

Professionals may have liability to their clients in tort and contract,and for breach of fiduciary duty.Briefly explain the basis for liability in these categories.


Definitions:

Involuntary

Actions or reactions that occur without conscious choice, often used in legal contexts to describe commitments or actions not made of an individual's free will.

Voluntary Petition

A voluntary petition is a legal document filed by an individual or entity declaring their intention to undergo bankruptcy proceedings under their own accord.

Painting

The practice of applying pigment to a surface, such as canvas or paper, to create an image, artwork, or expression.

Bankrupt

The condition in which an individual or organization is unable to fulfill its financial obligations to lenders.

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