Differ from the ordinary morals of the marketplace

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Duties between Agent and Principal - Judge Learned Hand, a famous early-twentieth-century jurist (1872–1961), said, “The fiduciary duty is not the ordinary morals of the marketplace.”

Question: How does the fiduciary duty differ from “the ordinary morals of the marketplace”? Why does the law impose a fiduciary duty on the agent?

Reference no: EM131597777

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