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Disinterested Directors
Board members who do not have a personal or financial stake in the decisions being made, ensuring unbiased governance and compliance.
Quorum
The least number of attendees required for a meeting's activities to be considered valid.
Proper Purpose
Acting with a legitimate objective, especially in the context of corporate governance where actions should align with the best interests of the company and its shareholders.
Shareholders
Individuals or entities that own shares in a corporation, making them part owners of the company with certain rights and responsibilities.
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