Examlex
What historical event does the Bayeux Tapestry commemorate?
RMBCA
The Revised Model Business Corporation Act, which provides a model framework for the governance of corporations, intended to standardize corporate law across jurisdictions.
Board of Directors
A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.
Derivative Suit
A lawsuit brought by a shareholder on behalf of a corporation against a third party, often an insider of the corporation, when the corporation fails to take action against the wrongdoer.
Ultra Vires
Acts performed beyond the scope of the legal power or authority granted to a person or corporation.
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