Examlex
According to the author
Share Classes
Categories of stock in a company, each with different rights, privileges, and restrictions.
Business Judgment Rule
A legal principle that protects corporate directors and officers from liability for decisions made in good faith and believed to benefit the company.
Action Against Directors
Legal proceedings brought against the directors of a company for negligence, breach of duty, or other wrongdoing.
Large Purchase
A significant expenditure on a single item or service, often involving detailed planning and considerable financial outlay.
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