Examlex
Affirmative action is:
Officers
Individuals appointed to manage day-to-day operations and make executive decisions in an organization or corporation, such as CEOs, CFOs, and COOs.
Usurped Corporate Opportunity
This refers to a situation where an individual, often an executive or director, takes for their own benefit an opportunity that should rightfully belong to the corporation.
Unlawful Distributions
Refers to the illegal dispensation, sharing, or allocation of assets or resources, often seen within the context of corporations or trust laws.
Director Liability
The legal responsibility of corporate directors for actions or omissions that cause harm to the company or its shareholders.
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