Examlex
Compliance-based ethics codes are based on preventing unlawful behavior.
Material Facts
Important details or information that could influence a decision or the outcome of a legal case.
New Partners
Individuals who join an existing partnership, bringing in new capital or skills, and thus altering the partnership structure and possibly its strategic direction.
Majority Vote
A voting outcome where more than half of the votes cast are in favor of a proposal or candidate, leading to its approval or election.
Admission of New Partners
The process of integrating a new individual or entity as a partner into an existing partnership, subject to the partnership agreement and applicable laws.
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