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Share Titles
The formal documents that serve as evidence of ownership of stocks or shares in a corporation.
Trustee
A person or firm that holds and administers property or assets for the benefit of a third party.
Business Judgment Rule
A legal principle that protects the decisions made by the board of directors of a corporation as long as those decisions are made in good faith, with due care, and in the best interests of the corporation.
Breach
A breach is the violation or breaking of a law, duty, or obligation, either by engaging in an action that is prohibited or failing to perform a required act.
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