Legal-Explanations.com - Legal resources in plain English
Legal-Explanations.com Home > Legal Definitions
 

Corporate Opportunity

It is an oppurtunity in business that a corporate is aware of and working on taking advanatge of such oppurtunity. It is usually known to higher management like directors, who has a duty not to disclose to anyone outside company which may harm the business and lead to leakage of company plans. The corporates have right to file a case against such individuals in their organisation for using such information of coprporation oppurtunities against the companies benefit.

 
Legal-Explanations.com Home
About us | Contact us | Privacy | Terms of service

2004 - 2007 Legal-Explanations.com. All rights reserved