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Why Do Special Educators Find Portfolio Assessment Helpful

question 28

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Why do special educators find portfolio assessment helpful?

Understand the concept of a closely held corporation and the specific legal considerations and protections applicable to it.
Identify examples of breach of fiduciary duty and understand the consequences of such breaches.
Understand the legal implications of pre-incorporation contracts and the process of their ratification by the corporation.
Recognize pre-emptive rights of shareholders and how they protect shareholders’ interests.

Definitions:

Breach

The violation or breaking of a law, duty, or other form of agreement.

Dairy Farm

An agricultural establishment primarily engaged in the production of milk and milk products from cows or other dairy animals.

EZ Ice Cream Inc.

Presumably a fictional company; without more context, it would represent a hypothetical business entity.

Condition Precedent

A condition in a contract that must be met before a party’s promise becomes absolute.

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