Examlex
IT Technology has designed its corporate structure with divisions based on their location.For example,there are the Southern and Northern Divisions,and globally there are the European Division and the Asian Division.IT Technology is an example of a structure with
Business Judgment Rule
A legal principle that protects the decisions made by a corporation's board of directors from being challenged in court, provided they were made in good faith and with reasonable care.
Oppression
The exercise of authority or power in a burdensome, cruel, or unjust manner.
Novation
is the process of substituting a new obligation or contract for an old one, with consent from all parties involved.
Right Of Appraisal
See dissenter’s rights.
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