This activity sheet is for heavy equipment operators and their supervisors. It should be used in conjunction with the activity sheet for the activity in which the heavy equipment is being used (building demolition, utility restoration). Additionally, operators of cranes and aerial lifts should also refer to the precautions outlined in the activity sheets for those operations.
A fiduciary relationship can be found where, in the actual circumstances of the relationship, the principal can expect the fiduciary to act in his (the principal's) interests in the relationship in a fiduciary manner.
Definition. A fiduciary duty is a legal duty to act solely in another party's interests. Parties owing this duty are called fiduciaries.The individuals to whom they owe a duty are called principals. Fiduciaries may not profit from their relationship with their principals unless they have the principals' express informed consent.efinition. A fiduciary duty is a legal duty to act solely in another party's interests. Parties owing this duty are called fiduciaries.