Examlex
From studying the Hammurabi Code, historians have learned that
Duty of Loyalty
An obligation of fiduciaries to act in the best interest of the beneficiary or entity they serve, avoiding conflicts of interest.
Specific Performance
An order of the court requiring that a nonbreaching party fulfill the terms of the contract.
Non-Contractual Relationships
Interactions between parties that are not governed by a formal written or spoken contract, but still may involve legal obligations.
Duty of Obedience
is the responsibility of the directors and officers of a corporation to act in accordance with the corporation's charter, bylaws, and the law in decision-making processes.
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