The clotting factors are the group of chemicals that are constant circulation in the blood or present in tissues of the blood vessels. These compounds are responsible for the formation of a blood clot. Clotting factors are usually inactive but once there is tissue injury to the wall of the blood vessel, the first factor is activated. This has a cyclical effect with each factor activating the next.
Fiduciary duty of committee members. Persons elected or appointed to of management committee or a board of an Incorporated Association have a Fiduciary Duty. This is what Wikipedia says about Fiduciary Duty: A fiduciary duty is the highest standard of care imposed at either equity or law.
In the context of corporate governance, it refers to committees made up of members of the board with specified sets of duties. The four committees most often appointed by public companies are the audit committee, the remuneration committee, the nominations committee and the risk committee. The Syllabus and Study Guide for Paper FAB require students to study only two committees. These are the audit committee and the remuneration committee.