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How can interlocking directorates lead to unfair market advantages and investor exploitation?
Intervening Cause
A legal term for an event that occurs after a party's initial act of negligence and contributes to a harmful event without breaking the causal link between the negligent act and the harm.
Reasonable Person Standard
A legal standard used to determine how an average person with ordinary prudence would act in certain circumstances.
Plaintiff
The party that initiates a lawsuit by filing a complaint against the defendant for legal redress.
Negligence
A failure to exercise the level of care that someone of ordinary prudence would have exercised in similar circumstances, leading to harm or damage.
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