Legal Question in Business Law in Alabama
fiduciary duty vs. duty
What is the difference between an employee with a fiduciary duty to his employer vs. a duty to his employer?
1 Answer from Attorneys
Re: fiduciary duty vs. duty
Under Alabama law, generally each employee owes a duty to his or her employer to act in a manner as to not intentionally injure or damage one's employer -- i.e., you don't give the employer's confidential customer list and pricing schedule/strategy to a competitor.
An employee breaching their duty of loyalty may be called upon in a court of law to answer for any such resulting damages.
this duty is generally referred to as a "fiduciary" duty to that employer. Therefore, the two prongs of your Q seem to be the same issue. Hope this helps, but if I have misunderstood your Q, please feel free to follow up with me. Have a blessed rest of the week and Lord's Day, Chip
Related Questions & Answers
-
Dissolution assets In dissolution, is there any responsibility enhance assets?... Asked 4/06/07, 3:23 am in United States Alabama Business Law
-
Seadoo Purchase I purchased 2 used seadoos from Smiths Sport Cycle in Tuscaloosa... Asked 4/02/07, 8:07 pm in United States Alabama Business Law
-
Shareholder rights What rights do a shareholder have in a corporation? I am a... Asked 3/12/07, 12:46 pm in United States Alabama Business Law