Examlex
Y2K compatibility issues arose because:
Shareholders
Individuals or entities that own one or more shares of stock in a corporation, thereby having a financial stake in its success.
Involuntary Dissolution
The process by which a court orders the dissolution of a corporation against its will, usually due to fraud or harm.
Annual Franchise Tax
A fee or tax that a business is required to pay annually to remain registered and legally conduct business in a particular jurisdiction.
Legal Status
Refers to the lawful standing of an entity or individual, determining their rights, duties, and liabilities under the law.
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