Examlex
John and Megan are at a crowded theater. In the press of people exiting the theater, John accidentally steps on Megan's big toe and breaks it. Megan can sue John for the tort of battery.
Voting Rule
A set of regulations determining the number of votes needed for a proposal to pass, often found in legislative bodies or on boards of directors.
Fundamental Changes
Significant alterations to the core aspects or operations of a company or organization, often requiring approval from shareholders or board members.
Appraisal Remedy
A legal process that allows shareholders to have a court assess the value of their shares, often used in cases of mergers or acquisitions where shareholders are dissatisfied with the proposed compensation.
Dissenting Shareholder
refers to a shareholder who disagrees with a corporate decision and is entitled to certain rights, such as selling their shares back to the company under specific conditions.
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