Examlex
A PTC thermistor causes the resistance of the thermistor to increase when its temperature rises.
Good Faith
A principle that emphasizes honesty, fairness, and sincerity in the execution of obligations or dealings.
Defect In Incorporation
Errors or omissions that occur during the process of forming a corporation, which could affect the entity's legal status.
Corporation By Estoppel
A principle where a business is treated as a corporation for legal purposes, even if it failed to complete formal incorporation processes, due to its actions or representations to third parties.
De Facto Corporation
A business that operates as if it were a legally incorporated company, even though it has not completed the formal incorporation process.
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