Re:A Message to Our Customers
by sandworm101 on Thursday February 18, 2016 @01:11AM
(#11124010)
>>In reality, there is nothing in any U.S. statute, federal or state, that requires corporations to maximize their profits.
Laws and statutes don't enforce contracts. But courts do. You are trumpeting a theory I've heard many times before. It's creators lack a basic understanding of contract law or corporate organization. :ookup "shareholder derivative actions".
Laws and statutes don't enforce contracts. But courts do. You are trumpeting a theory I've heard many times before. It's creators lack a basic understanding of contract law or corporate organization. :ookup "shareholder derivative actions".