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                      "label":  ""
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                      "label":  ""
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                      "content":  "Controlling Shareholders",
                      "label":  ""
                  },
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                      "x":  750,
                      "y":  51,
                      "width":  140,
                      "height":  40,
                      "content":  "Effective Board Action: Quorum, major. of\nquorum wins. No voting agreements or proxies",
                      "label":  "E"
                  },
                  {
                      "id":  14,
                      "x":  749,
                      "y":  127,
                      "width":  140,
                      "height":  40,
                      "content":  "Board vacancy: May be filled by other directors or by shareholders",
                      "label":  "E"
                  },
                  {
                      "id":  15,
                      "x":  750,
                      "y":  197,
                      "width":  140,
                      "height":  40,
                      "content":  "Duty of Care: Business judgment rule",
                      "label":  ""
                  },
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                      "id":  16,
                      "x":  747,
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                      "width":  140,
                      "height":  40,
                      "content":  "Duty of Loyalty: No Insider trading \u0026\nNo Self-dealing. But OK if: full disclosure of\nmaterial facts \u0026 vote of major. of disinter. dir. or\nshares. If not, remedy is rescission.",
                      "label":  ""
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                      "width":  140,
                      "height":  40,
                      "content":  "Competition with corp. Unrelated business\nOK. No competing bus. Damages or injunc.",
                      "label":  ""
                  },
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                      "id":  18,
                      "x":  747,
                      "y":  359,
                      "width":  140,
                      "height":  40,
                      "content":  "Corporate Opportunity Doctrine: Remedy:\ndamages, constr. trust, or corp gets opport.",
                      "label":  "D"
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                      "x":  412,
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                      "label":  ""
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                      "content":  "Other Rights",
                      "label":  ""
                  },
                  {
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                      "x":  770,
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                      "width":  140,
                      "height":  40,
                      "content":  "Shareholder Derivative Suits",
                      "label":  ""
                  },
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                      "x":  26,
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                      "height":  40,
                      "content":  "Annual meeting required. Court may order meeting.\nSpecial meetings optional if board calls\nShareholder action w/o meeting OK w/ unanimous written consent\nProxies: Must be signed writing. Expires in 11 mo. or by terms\nRevocable unless coupled with interest\nAction at meeting: Quorum necessary, and majority of quorum\nwins. Cumulative voting for board of directors only.\nShareholder agreements: Includes Pooling agreements; Voting\ntrusts (on file, expires in 10 yrs); Stock transfer restrict. (if reasonable)",
                      "label":  ""
                  },
                  {
                      "id":  23,
                      "x":  550,
                      "y":  624,
                      "width":  140,
                      "height":  40,
                      "content":  "Preemptive Rights: Re newly auth. stock sold for cash\nDividends: No right to them. Once declared, irrevoc. unless insolv.\nOnly payable from earned surplus, not stated capital\nRedemption, repurchase, distribution: Other distributions\nInspection Rights: May only inspect records, books, shareholder\nlists, etc. (documents not plant). Proper purpose only.",
                      "label":  ""
                  },
                  {
                      "id":  24,
                      "x":  1049,
                      "y":  522,
                      "width":  140,
                      "height":  40,
                      "content":  "If successful, recovery to corp; individ. can get legal costs.\nRequires: 1. Shareholder at time of wrong \u0026 time of suit\n2. Prior demand on board unless would be futile\n3. Post bond",
                      "label":  ""
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