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An Object Class Is a Logical Grouping of Objects That

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An object class is a logical grouping of objects that have the same attributes and behaviors.


Definitions:

Voting Power

The right or authority to vote, often related to the number of votes someone controls in the decision-making process of an organization.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.

Strike Suit

In corporation law, a derivative suit motivated primarily by an intent to gain an out-of-court settlement for the suing shareholder personally or to earn large attorney’s fees for lawyers, rather than to obtain a recovery for the corporation.

Derivative Action

A lawsuit brought by a company shareholder on behalf of the corporation against a third party, often insider directors or managers, alleging harm to the company.

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