Examlex
A little known fact is that both Robinson Crusoe and Friday wore eyeglasses.As it so happens,Robinson Crusoe was farsighted while Friday was nearsighted.Whose eyeglasses did they use whenever they wanted to start a fire by focusing the sun's rays?
Fairness Rule
The rule that requires managers to be fair to the corporation when they personally benefit from their business decisions.
Corporate Opportunity Rule
A legal doctrine preventing directors and officers of a corporation from taking a business opportunity for themselves without offering it to the corporation first.
Derivative Suit
A lawsuit brought by a corporation's shareholder on behalf of the corporation against a third party, often the corporation's executives or directors.
Time of the Injury
The specific moment at which an individual is harmed or damaged, often critical in legal contexts.
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