Examlex
What is the continuum of sexual misconduct? Provide examples.
Fair Market Value
An estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller in the market.
Business Judgment Rule
A legal principle protecting corporate directors and officers from liability for decisions made in good faith and in the best interest of the company.
Derivative Action
A lawsuit brought by a corporation’s shareholder on behalf of the corporation against a third party, often an insider of the corporation.
Uncertificated
Referring to securities or stocks that are not represented by a physical certificate, existing only as electronic records.
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