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In Which Case Was It Established That the Trustee Must

question 6

Short Answer

In which case was it established that the trustee must not put himself into a position where his duty to the trust and his own interest may conflict?


Definitions:

Duress

A situation where a person is forced into an agreement or action against their will by means of threats, violence, constraints, or other pressure.

Crimes

Acts or omissions that violate laws prohibiting the behavior, which can result in punishment.

Torts

Legal wrongs committed against a person or property, excluding breach of contract.

Scienter

Knowledge of wrongdoing or fraudulent intent in the commission of an act, especially a key element in certain legal proceedings.

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