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Politicians Frequently Face the Trade-Off of ____ to Help Assure

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Multiple Choice

Politicians frequently face the trade-off of ____ to help assure that they will get elected versus ____ and possibly jeopardising their chances of getting reelected.


Definitions:

Corporate Opportunity Rule

A legal doctrine preventing directors and officers of a corporation from taking a business opportunity for themselves without offering it to the corporation first.

Derivative Suit

A lawsuit brought by a corporation's shareholder on behalf of the corporation against a third party, often the corporation's executives or directors.

Time of the Injury

The specific moment at which an individual is harmed or damaged, often critical in legal contexts.

Corporate Charter

The legal document that establishes a corporation and outlines its structure, objectives, and the authority to operate, also known as articles of incorporation.

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