Examlex
When Jenny is checking out at the grocery store,she frequently picks up a 20-oz bottle of soda at one of the coolers by the register.She doesn't have a strong preference for Coke or Pepsi,and will just buy whichever happens to be closest.In this instance,Jenny is best described as a(n) ________.
Shareholders' Meeting
A gathering of the shareholders of a company where decisions regarding the company's policies, management, and financial matters are discussed and voted upon.
Duty of Loyalty
An obligation of individuals in fiduciary positions to act in the best interests of their company or clients.
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.
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