Control
Term · Law · MLC-T-LAW-001284
The power or authority to direct, manage, or restrain the actions of another person or entity, or to dictate the disposition of property. This concept is central to determining liability, agency relationships, and corporate governance. For instance, a parent corporation exercises control over its subsidiaries through ownership of voting shares.
| Identifier | MLC-T-LAW-001284 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001284",
"term": "Control",
"field": "Law",
"definition": "The power or authority to direct, manage, or restrain the actions of another person or entity, or to dictate the disposition of property. This concept is central to determining liability, agency relationships, and corporate governance. For instance, a parent corporation exercises control over its subsidiaries through ownership of voting shares.",
"url": "https://mlchart.com/terminology/law/control/"
}
Record 1,131 of 5,445 in Law terminology (MLC-0107). Request the full dataset.