Examlex
The number of shares of common stock that will be issued for each share of convertible preferred stock is referred to as the ___________________.
Merchant
An individual or business entity engaged in the sale of goods, particularly those specialized in a specific product or market.
UCC
An abbreviation for the Uniform Commercial Code, which is a comprehensive set of laws governing all commercial transactions in the United States.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights concerning a particular service or product.
Without Reserve
An auction term indicating that the item will be sold to the highest bidder, with no minimum price set.
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