From Wikipedia, the free encyclopedia. The corporate opportunity doctrine is the legal principle providing that directors, officers, and controlling shareholders of a corporation must not take for themselves any business opportunity that could benefit the corporation. The corporate opportunity doctrine is one application of the fiduciary duty of loyalty.
In a milestone in the settlement of the American West, President Abraham Lincoln signs into law the Homestead Act, a program designed to grant public land to small farmers at low cost.
In these books, Micheaux brings to the Great Plains the ideals of homesteading as cemented in the Homestead Act of 1862 (1) and the Frontier Thesis of Frederick Jackson Turner. 1862: The Homestead Act offers free land in the West to new settlers.