Examlex
How much of a manager's time is spent communicating?
Tort
A civil wrong or injury, other than a breach of contract, for which the law provides a remedy in the form of damages to the injured party.
MBCA
Model Business Corporation Act, a set of model laws to standardize legislation governing corporations in the U.S.
Mandatory Indemnification
A legal requirement for a party to compensate for loss or damage incurred by another, often found in corporate bylaws and insurance policies.
Directors
Individuals elected by shareholders to oversee the management and make major decisions for a corporation.
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