The AAIB report states "the
Trustor (Cool Flourish) had an informal arrangement with a third party to manage the aircraft on its behalf ".
In all cases, the
trustor's original intent must be honored.
Each of these studies gives some credence to the notion that trust in a given individual can come from a number of sources other than a
trustor's direct experience with that individual.
Trust is a psychological state in which the
trustor maintains the intention to accept vulnerability based upon positive expectations of the actions of the trustee (Rousseau, Sitkin, Burt, & Camerer, 1998).
The Court of Appeals discerned no prejudicial error, noting that the record supported the District Court's implicit determinations that
trustor did not lack capacity and was not subjected to undue influence.
Tom Boucher
Trustor & Chairman of the Board Owner & CEQ, Great NH Restaurants
According to an attributional perspective, trustees will try to shape
trustor's attribution about whether they can be blamed or not for the transgression and if this event can predict trustee's actions in future interactions as well (Dirks, Lewicki, & Zaheer, 2009; Elangovan, Auer-Rizzi, & Szabo, 2007).
Mirabueno lists these as: Tax considerations including payment of donor's tax within 30 days from opening an irrevocable trust or estate tax settlement after death of
trustor in an ir-revocable trust; strict requirements by the trustee bank on the withdrawal of funds in a personal management trust due to the stringent requirements of the regulators; legal uncertainties such as law on perpetu-ity of trust funds.
Trustor: The source node that initiates the search in the trust network.
The willingness of a party to be vulnerable to the actions of another party based on the expectation that the other will perform an action important to the
trustor (Mayer et al., 2008).
Trust is defined as "the willingness of a party to be vulnerable to the actions of another party based on the expectation that the other will perform a particular action important to the
trustor, irrespective of the ability to monitor or control that other party" (Mayer et al., 1995, p.
It is established and maintained by a
trustor who draws on past experience with, and beliefs or attitudes about, the trustee's competency, reliability, reputation, honesty, or interestedness to set the boundaries of a trusted relationship (Hardin 2002; Cook, Hardin, and Levi 2005; Nannestad 2008; Cook, Levi, and Hardin 2009; Farrell 2009).