special facts rule

special facts rule
In corporation law, as respects director's duty of disclosure when dealing with stockholders, is that where special circumstances or facts are present which make it inequitable for the director to withhold information from the stockholder, the duty to disclose arises, and concealment is fraud. Taylor v. Wright, 69 Cal.App.2d 371, 159 P.2d 980, 985

Black's law dictionary. . 1990.

Игры ⚽ Поможем решить контрольную работу

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