Examlex
The key to the origin of cities was the development of larger and more powerful militaries.
Majority Shareholder
An individual or entity that owns more than 50% of a company's shares, giving them significant control over company decisions.
Dividend
A payment made by a corporation to its shareholders, usually as a distribution of profits.
Fiduciary Duty
An obligation under the law for an individual to prioritize another's interest, often involving someone trusted with managing finances or assets.
Special Litigation Committee
A committee often formed within a corporation's board of directors to decide on legal strategies or manage specific litigation matters, especially in derivative lawsuits.
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