Examlex
Which of the following is NOT a reason for which a company may purchase treasury stock?
Procedural Due Process
Legal principle requiring government officials to follow fair procedures before depriving a person of life, liberty, or property.
Substantive Due Process
A principle allowing courts to protect certain fundamental rights from government interference, even if procedural protections are provided.
Takings Clause
A clause in the Fifth Amendment of the U.S. Constitution requiring that when government uses its power to take private property for public use, it must pay the owner just compensation, or fair market value, for the property. Also called just-compensation clause.
Just Compensation
The fair payment required to be given to a property owner when their property is taken for public use, under eminent domain.
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