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In Opening a New Dialysis Unit,the Nurse Manager Has to Develop

question 2

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In opening a new dialysis unit,the nurse manager has to develop a philosophy for the unit.This philosophy needs to:

Recognize the legal requirements and procedures for shareholder agreements, voting, and meetings.
Distinguish between the rights and duties of shareholders, directors, and officers, including fiduciary duties.
Identify the implications of corporate actions on shareholder rights, including derivative suits and executive compensation.
Understand the significance of quorum requirements for board and shareholder meetings.

Definitions:

Consent

Consent is the voluntary agreement to some act or purpose without any coercion or force, often implying compliance or permission.

Tort

A civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the form of an action for damages.

Breach

The violation or non-fulfillment of a contractual obligation, duty, or agreement.

Contract

A legally enforceable promise or set of promises.

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