Examlex
Most patents are fidelity patents that protect the functionality of an invention.
Business Judgment Rule
A rule protecting business managers from liability for making bad decisions when they have acted prudently and in good faith.
Uninformed Decisions
Choices made without access to all necessary information, knowledge, or understanding, which can lead to adverse outcomes.
Conflicts Of Interest
Situations where an individual's or organization's personal interests could potentially influence or appear to influence their decisions in their official capacity.
Supermajority Vote
A requirement that a motion must receive significantly more than a simple majority of votes, often two-thirds or three-quarters, to be approved.
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