Examlex
An employee is given a union leaflet that asks employees to sign a card while leaving the company premises after work. Discuss the significance of the card that the employee hasbeen asked to sign. Is the distribution of such leaflets by a union legal?
Dividend
A payment made by a corporation to its shareholders, usually as a distribution of profits.
Fiduciary Duty
An obligation under the law for an individual to prioritize another's interest, often involving someone trusted with managing finances or assets.
Special Litigation Committee
A committee often formed within a corporation's board of directors to decide on legal strategies or manage specific litigation matters, especially in derivative lawsuits.
Derivative Suit
A lawsuit brought by a shareholder on behalf of a corporation against a third party, often its officers or directors, for harm done to the corporation.
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