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.
History Westward Expansion. With much of the east coast of America already developed, the United States government wanted to encourage people to move out west. They decided to help people out by offering them free land through a law called the Homestead Act.A New Law.ith much of the east coast of America already developed, the United States government wanted to encourage people to move out west. They decided to help people out by offering them free land through a law called the Homestead Act.