Examlex
Which of the following statements about virtual communities is not true?
Duty of Confidentiality
The duty of confidentiality obligates individuals or entities to protect the privacy of personal, sensitive, or proprietary information entrusted to them.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another, often found in scenarios involving trust, such as between a trustee and the beneficiaries.
Agency Ends
The termination or conclusion of an agency relationship between principal and agent, which can occur through various means such as completion of the agency purpose, by mutual agreement, or by law.
Duty of Segregation
An obligation to keep different tasks and responsibilities separate to reduce conflicts of interest or the risk of fraud or error.
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