Examlex
The delegates of the Hartford Convention adopted resolutions that included a call for
Ethically Allowed
Actions or decisions that are permitted based on moral or ethical principles.
Unocal Rule
A legal standard from a Delaware Supreme Court case that gives boards of directors a framework for resisting takeover bids.
Business Judgment Rule
A legal principle that shields corporate directors and officers from liability for decisions made in good faith but that ultimately resulted in loss or damage.
Takeover Bid
An offer made to acquire a controlling interest in a company, often against the wishes of its management.
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