The phrase “in a professional setting” is correct and can be used in written English. You could use it to describe a situation in which people are required to behave in a professional manner or are expected to adhere to certain standards of conduct. A breach of conduct meaning is, in short, an act that…

If the relative in Pakistan sells the house to someone else (against the agreement) or even worse, gifts himself the house for free, this would be considered a criminal Breach of Trust.

A fiduciary duty is when someone must act in the best interest of another. A typical example is a corporate board member’s duty to the company’s shareholders. Suppose the party acts contrary to that duty. This is a breach of fiduciary duty and can give rise to legal action in civil court.

As per Lawkidunya, Whoever, being in any manner entrusted with property, or with any dominion over property, dishonestly misappropriates or converts to his own use that property, or dishonestly use or disposes of that property, in violation of any direction of law prescribing the mode in which such trust is to be discharged, or of…

As per Lawkidunya, Whoever, being in any manner entrusted with property, or with any dominion over property, dishonestly misappropriates or converts to his own use that property, or dishonestly use or disposes of that property, in violation of any direction of law prescribing the mode in which such trust is to be discharged.