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Morgan breeds and sells snakes. He knows that he can make the most money by breeding and selling albino snakes. Albinism is a recessive trait. His female albino corn snake just produced six offspring. Two displayed normal coloration and four were albino. What do you know about the genotype of the father?
Corporate Democracy
The system or practices within a corporation that allow for the participation and voting rights of shareholders in company decision-making processes.
Business Judgment Rule
A legal principle that protects the decisions of corporate directors and officers, made in good faith and with reasonable diligence, from being second-guessed by courts.
Fairness Rule
The rule that requires managers to be fair to the corporation when they personally benefit from their business decisions.
Corporate Opportunity Rule
A legal doctrine preventing directors and officers of a corporation from taking a business opportunity for themselves without offering it to the corporation first.
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