Examlex
Public choice is the
Corporation Law
The body of law that governs the formation, operation, and dissolution of corporations, including their rights and obligations.
Sole Shareholder
An individual or entity that owns 100% of the shares of a corporation.
Nonshareholder-Creditors
Creditors of an entity who, unlike shareholders, do not own any part of the entity but have a claim on its assets due to outstanding debts.
Shareholder Domination
A situation where a single shareholder or a group of shareholders exercise significant influence or control over the operations of a corporation.
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