Examlex
It was once thought that cetaceans had evolved from an extinct group of mammals called the mesonychids. If, in the future, it is determined that some organisms currently classified as cetaceans did actually evolve from mesonychids, whereas other cetaceans evolved from artiodactyl stock, then what will be true of the order Cetacea?
Insider Trading
The unlawful activity where individuals trade on the stock market for personal gain using private, sensitive information.
Business Judgment Rule
A legal principle that protects the decisions of a corporate board of directors from judicial review as long as those decisions are made within their authority and with a reasonable belief that they were in the best interests of the company.
Currency Trader
An individual or entity that buys and sells currency pairs on the foreign exchange market to profit from exchange rate fluctuations.
Quorum
The minimum number of members required to be present to make the proceedings of a meeting valid.
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