Business Law
| Continuity of Existence in Choosing a Form of Business Organization |
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| Continuity of existence is an important factor in choosing the structure of a business. The value of a business when viewed as a continuing or "going" concern is likely to be considered higher than the same business if it is being dissolved and its value is being distributed. More... |
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| Antitrust & Trade Law: Sherman Act |
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| Agreements In Restraint of Trade More... |
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| Insurance Law |
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| (Variable Annuities) More... |
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| Employees' Duty of Loyalty |
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| Generally, an employee owes the duty of undivided loyalty to his or her employer. Courts take varying approaches to the issue of an employee's duty of loyalty. Some jurisdictions do not acknowledge a separate cause of action for an employee's breach of loyalty unless there is a fiduciary relationship between the employer and the employee. The claim is usually pleaded as a breach of a fiduciary duty. Some jurisdictions recognize a separate claim for an employee's breach of the duty of loyalty but also acknowledge its relationship to a fiduciary breach. A common thread in all jurisdictions is that employees who occupy a position of trust and confidence owe their employers a higher duty of loyalty than lower-level employees. The scope of the duty of loyalty depends on the particular fact circumstances and the nature of the employment relationship.
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| Duty of Loyalty |
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| RATIFICATION OF SELF-INTERESTED DIRECTOR TRANSACTIONS More... |
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