by Lea Strickland | Jul 31, 2010 | Glossary
The duty of a firm’s directors and officers to act prudently in evaluating associated risks in all transactions. Also, the duty of the investor to gather necessary information on actual or potential risks involved in an investment.
by Lea Strickland | Jul 31, 2010 | Glossary
Doing Business As-US equivalent of ‘trading as’ (T/A), it indicates that the owners of a firm want neither to incorporate it nor to do business under their own names, but to operate under a fictitious (or assumed) name.
by Lea Strickland | Jul 31, 2010 | Glossary
A contract entered into by one federal and one non-federal entity in order to facilitate sharing of joint research and development. (C. O’Dower, 2004) CRADAs were first created as a result of the Stevenson-Wydler Technology Innovation Act of 1980, (which was amended...
by Lea Strickland | Jul 31, 2010 | Glossary
An agreement between parties to cooperatively work together on an agreed upon project or meet or meet an agreed upon objective; to have a written understanding of the agreement between parties.
by Lea Strickland | Jul 31, 2010 | Glossary
Situation that has the potential to undermine the impartiality of a person because of the possibility of a clash between the person’s self-interest and professional-interest or public-interest.