Majority

Do Majority Shareholders Owe A Fiduciary Duty To Minority Shareholders?

By: jane

On: May 30, 2022

In a normal public corporation, shareholders do not owe fiduciary duties to each other. … Such a fiduciary duty is held on duties of utmost good faith, loyalty, honesty and fairness. Who owes a fiduciary duty? The person who has a fiduciary duty is called the fiduciary, and the personRead More →

Is Consensus Majority Or Unanimous?

By: jane

On: May 30, 2022

In: Quick Answer

With: 0 Comments

Unanimity is reached if everyone votes for the same option. Consensus, in contrast, allows some (or even a majority) to not make up their mind and to simply remain silent. Does consensus mean agreement? The definition of consensus is an agreement made by a group. An example of consensus isRead More →