Examlex
Instructions:
∙ Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
Explain the historical significance of each item. Establish the historical context in which the
∙ item exists. Establish the item as the result of or as the cause of other factors existing in the society under study. Answer this question: What were the political, social, economic,
and/or cultural consequences of this item?
-the Sumner-Brooks affair
Derivative Suit
A lawsuit brought by a shareholder on behalf of a corporation against a third party, often the corporation's executives or directors, for wrongs committed against the corporation.
Corporate Right
The legal entitlements and privileges granted to corporations, including the ability to enter contracts, own assets, and sue or be sued.
Quorum
The smallest number of participants needed in a meeting to validate its proceedings.
Shareholders' Meeting
An official gathering of the shareholders of a company to discuss the company's affairs, make decisions, and vote on corporate issues.
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