Boston University School of Law
Trust is an expectation that others will act in one’s own interest. Trust also has a specialized meaning in Anglo-American law, denoting an arrangement by which land or other property is managed by one party, a trustee, on behalf of another party, a beneficiary.1 Fiduciary duties are duties enforced by law and imposed on persons in certain relationships requiring them to act entirely in the interest of another, a beneficiary, and not in their own interest.2 This Essay is about the role that trust and fiduciary duty played in our legal system five centuries ago and more.
David J. Seipp,
Trust and Fiduciary Duty in the Early Common Law
Boston University Law Review
Available at: https://scholarship.law.bu.edu/faculty_scholarship/1565