Examlex
If X and Y are independent random variables,which of the following identities is false?
Preferred Shares
A class of stock in a corporation that typically offers dividends and other privileges above common shares, usually without voting rights.
Incorporators
Individuals who file the necessary paperwork and legally establish a corporation, becoming its initial shareholders and possibly its initial directors.
Initial Board
The first group of individuals appointed or elected to govern and oversee a newly formed corporation or organization.
Corporation
A legal entity that is separate and distinct from its owners, providing them with limited liability, and recognized as having rights and responsibilities.
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