Examlex
In principal-principal conflicts (conflicts between controlling shareholders and minority shareholders) ,the ownership (of equity) is
Tort
A civil wrong that causes someone else to suffer loss or harm resulting in legal liability for the person who commits the tortious act.
Material Misrepresentation
False statements or omissions of fact that are so significant they affect a party's decision to enter into a contract.
Reasonable Person
A hypothetical individual used as a legal standard, representing how a typical person would responsibly act in certain circumstances.
Manifest Assent
The clear indication through words or actions by a person that they agree to the terms or conditions of an agreement.
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