☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Corporate Opportunity Doctrine

The fiduciary principle prohibiting corporate officers and directors from personally exploiting business opportunities that properly belong to the corporation.

Etymology: English compound · Category: Corporate Law · Source: Guth v. Loft, Inc., 5 A.2d 503 (Del. 1939)
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