Examlex
For observers in the Northern Hemisphere,which of the following is TRUE?
Duty Of Care
An obligation to take reasonable care to avoid causing harm to another person.
Minority Shareholders
Individuals or entities that own less than 50% of a company's shares, often with limited control over corporate decisions.
Cumulative Voting
A method of voting in corporate elections that allows shareholders to concentrate all their votes on one candidate as opposed to distributing them among multiple candidates.
Corporate Veil
A legal concept separating the actions and liabilities of a corporation from those of its shareholders or directors.
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