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A model of an ideal and perfect human society is usually called:
Business Judgment Rule
A legal principle that protects corporate directors and officers from liability for decisions made in good faith and believed to be in the best interest of the company.
Duty of Due Diligence
An obligation to conduct a comprehensive appraisal of a business or individual prior to signing a contract, to avoid harm.
Declares a Dividend
When a company's board of directors announces the payment of a dividend, distributing a portion of earnings to shareholders.
Corporate Debt
Financial obligations owed by a corporation, typically arising from bonds or loans used to finance the company's operations.
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