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While the corporate governance problem is not confined to the United States,
Special Damages
Compensation awarded for specific, quantifiable financial losses incurred due to an injury or breach of contract.
Remedy Limitation
A legal principle specifying the conditions or time frames within which a remedy, such as filing a lawsuit or making a claim, must be initiated.
Prima Facie Unconscionable
A legal term indicating that an agreement or term appears, at first sight, to be excessively unfair or unjust.
Common Law
A body of law developed through court decisions over time, as opposed to laws enacted by legislatures (statutory law).
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