Examlex
Find the limit, if it exists.
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Respondeat Superior
A law principle stating that an employer or a principal is legally liable for the improper actions of an employee or agent, provided those actions took place during the course of their employment or agency.
Tort
A civil wrong or injury, other than a breach of contract, for which the law provides a remedy in the form of damages to the injured party.
MBCA
Model Business Corporation Act, a set of model laws to standardize legislation governing corporations in the U.S.
Mandatory Indemnification
A legal requirement for a party to compensate for loss or damage incurred by another, often found in corporate bylaws and insurance policies.
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