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"In the U.S. legal system, a fiduciary duty describes a relationship between two parties that obligates one to act solely in the interest of the other. The part
by mike_d 5y ago
"In the U.S. legal system, a fiduciary duty describes a relationship between two parties that obligates one to act solely in the interest of the other. The party designated as the fiduciary owes a legal duty to a principal, and strict care must be taken to ensure that no conflict of interest arises between the fiduciary and the principal."
Musk could never put someone elses interests ahead of his own. Impossible.
- dalbasal 5y agoSo... This is exactly the kind of weird, first principles legal "theory" I was talking about. Look at actual example/precedents of fiduciary duty vuilatuons. The real ones. Not the pseudo-legal theory.