Examlex
There was no difference found in the scores of complex versus simple stepfamilies in areas of financial management, communications, personality, or adjustment.
Business Judgment Rule
A legal principle that shields corporate directors, under certain conditions, from liability for decisions that harm the company if the decisions were made in good faith and with due diligence.
Fiduciaries
Individuals or entities that hold a legal or ethical relationship of trust with one or more parties, often in financial matters.
Shareholder Approval
A process in which shareholders vote on key corporate actions or decisions, often required for mergers, acquisitions, and other significant matters.
Liability of Directors
Legal responsibility held by company directors for actions or decisions made in the course of carrying out their duties.
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