On the record
This rule is founded on the Law of Nature, inasmuch as, if unanimity were demanded, will and action on the part of a corporation would be quite impossible.
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gutenberg.orgThis rule is founded on the Law of Nature, inasmuch as, if unanimity were demanded, will and action on the part of a corporation would be quite impossible.
Sumner argues that requiring unanimity would hinder the functioning of a corporation, thus supporting majority rule as a natural law principle.
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