Examlex
All of the following are characteristics of heartburn except which one?
Mutual Fund
An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, and other assets.
Vicarious Liability
A legal doctrine holding an individual or entity liable for the actions of another, based on the relationship between them, such as employer-employee.
Ultra Vires Rule
A legal doctrine that acts performed beyond the scope of a corporation's or entity's powers are invalid.
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.
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