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To print this article, all you need is to be registered or login on Mondaq.com. The following is a brief paper prepared with the assistance of Lauren Vrsnik, articling student at-law on the topic of fiduciary duties in the context of the partnership relationship. 1. General Overview of fiduciary duties in the corporate setting Section 97(1) of the MCA states that directors shall manage, or supervise the management of, the business and affairs of a corporation. The scope of a director s power is subject to any unanimous shareholder agreement, the MCA, its regulations, and the corporation s articles and by-laws. Directors may not delegate ....