Examlex
The oversight of a public corporation by its board of directors is called corporate _________.
Signs the Contract
The act of agreeing to a contract's terms and legally binding oneself by signing a document.
Nondelegable Duty
An obligation or duty that cannot be transferred to another party and must be performed by the individual or entity originally charged with it.
Duty Of Care
The legal obligation to avoid actions or omissions that could foreseeably harm others.
Principal
The primary party to a transaction, such as a contract or financial instrument, who has the rights and responsibilities directly related to it.
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