Simple English definitions for legal terms
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Intracorporate Conspiracy: When people within a company work together secretly to do something illegal or harmful, it is called intracorporate conspiracy. This means that they are plotting and planning within the company to do something wrong.
Definition: Intracorporate conspiracy refers to a situation where two or more people within a company work together to commit an illegal or unethical act.
Example: If two employees of a company conspire to steal confidential information and sell it to a competitor, it would be considered an intracorporate conspiracy.
This example illustrates the definition of intracorporate conspiracy because it involves two people within the same company working together to commit an illegal act. The act is harmful to the company and its stakeholders, and it is done in secret without the knowledge or consent of others.