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Which client is at greatest risk for dehydration?
Duty of Loyalty
An obligation to act in the best interest of another party, typically in fiduciary relationships.
Corporate Opportunity
A legal doctrine that prohibits directors, officers, and controlling shareholders of a corporation from taking a business opportunity for themselves that rightfully belongs to the corporation.
Canada Business Corporations Act
A Canadian federal statute that governs the incorporation, governance, and dissolution of companies in Canada.
Derivative Action
An action taken by a shareholder in a corporation's name to enforce the corporation's rights when the corporation fails to do so itself.
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