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Post Ultra vires

For example: Ultra vires (beyond powers) is applied especially to acts of directors exceeding the scope of powers granted by the articles of association of…

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Post Quid pro quo

Quid pro quo literally means “something for something” and is an equal exchange or substitution that a person or firm makes with another in return…

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Post Scienter

Scienter denotes the mental state which is an element of fraud, or the knowledge of the nature of one’s fraudulent acts or omissions. It is…

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Post Prima facie

Prima facie means before closer inspection, at first sight, or on the face of it. True, valid, authentic, or adequate at first sight: on first…

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Post Quorum

A quorum signifies the minimum number of members of any body required to be present in order to transact business, e.g. at a board meeting…

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Post Veto

To veto means to forbid, prohibit or stop a vote from passing with authority. “Since the decision must be unanimous, no one has veto power.”

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Post Lacuna

A lacuna is an empty space in the law with no regulations applicable or an absent part in a law or another written document such…

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Post Res judicata

Res judicata denotes an important legal doctrine that generally means that once a matter is judicially decided, it is finally decided. The doctrine bars re-litigation…

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Post Arguendo

Arguendo is a Latin term meaning “for the sake of argument” that is commonly used in appeals briefs and other litigation documents. The term indicates…

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Post Caveat emptor

Caveat emptor is a Latin phrase meaning “let the buyer beware.” The phrase stands for the commercial principle that the buyer alone is responsible for…

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