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The Edmonton protocol is
Duty of Loyalty
A legal obligation of fiduciaries, such as company directors and trustees, to act in the best interest of the entity or person they represent.
Actual Financial Loss
A monetary loss that can be quantified or accurately measured, resulting from specific events like theft or litigation.
Negligent
Describes a failure to exercise the care that a reasonably prudent person would exercise in like circumstances, leading to unintended damage or harm.
Actually Named Third Parties
Specific individuals or entities explicitly mentioned in a legal document or contract, distinguishing them from those not directly named.
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