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Home » Law Dictionary » C » CONFIDENTIAL

CONFIDENTIAL

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In trusted with the confidence of another or with his secret affairs or purposes; intended to be held in confidence or kept secret Confidential oommnnioations. See COMMUNICATION. Confidential creditor. This term has been applied to the creditors of a failing debtor who furnished him with the means of obtaining credit to which he was not entitled, involving in loss the unsuspecting and fair-dealing creditors. Gay v. Strickland, 112 Ala. 567, 20 South. 921. Confidential relation. A fiduciary relation. These phrases are used as convertible terms. It is a peculiar relation which exists between client and attorney, principal and agent principal and surety, landlord and tenant parent and child, guardian and ward, ancestor and heir, husband and wife, trustee and cestui que trust, executors or administrators and creditors, legatees, or distributees, appointer and appointee under powers, and partners and part owners. In these and like cases, the law, In order to prevent undue advantage from the unlimited confidence or sense of duty which the relation naturally creates, requires the utmost degree of good faith in all transactions between the parties.

Related Posts:

  • CREDITOR
  • COMMUNICATION
  • PRIVILEGED COMMUNICATIONS
  • CONFIDENTIAL COMMUNICATION
  • INSTRUCTIONS
  • FIDUCIARY

Filed Under: C

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