die Beratungspflichten
Translation
advisory duties, obligations to provide advice, disclosure obligations
Examples
Der Versicherer hat gesetzliche Beratungspflichten.
The insurer has legal advisory duties.
Die Verletzung von Beratungspflichten kann zu Schadensersatz führen.
The violation of advisory duties can lead to claims for damages.
Grammar Patterns
((sth.)) have to have (duties) The bank has strict advisory duties.
Similar Words
Synonyms: Aufklärungspflichten (duty to inform), Sorgfaltspflichten (duty of care)
Etymology
From 'Beratung' (advice) + '-s-' (linking element) + 'Pflichten' (duties). Literally 'advice duties'.
Memory Tips
Picture a financial advisor who has a 'Pflicht' (duty) to provide proper 'Beratung' (consultation).