Question: Match the term with the definition. Drag and drop options on the right - hand side and submit. For keyboard navigation: Navigate options with the
Match the term with the definition.
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Press space or enter to grab A share that generally has a right to vote share in dividends and share in proceeds on dissolution.
Common share
Press space or enter to grab A suit by a shareholder on behalf of the corporation to enforce a corporate cause of action.
Corporate opportunity
Press space or enter to grab The corporate practice of paying the litigation expenses of officers and directors for lawsuits related to corporate affairs.
Derivative action
Press space or enter to grab An individual who exercises decision making authority in matters of corporate policy.
Directing mind
Press space or enter to grab Determining that the corporation is not a separate legal entity from its shareholders.
Dissent and appraisal right
Press space or enter to grab The right of shareholders who dissent from certain fundamental changes to the corporation to have their shares purchased by the corporation at a fair price.
Identification theory
Press space or enter to grab A theory specifying that a corporation is liable when the person committing the wrong is the corporations directing mind.
Indemnification
Press space or enter to grab A business opportunity in which the corporation has an interest.
Lifting the corporate veil
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