Examlex
Which of the following statements is true of foreign distributors?
Corporations
Legal entities that are separate from their owners, providing limited liability protection, and able to enter into contracts, sue, and be sued.
Shares
Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.
Directors
Directors are individuals elected by the shareholders of a corporation to oversee and direct the corporation's affairs and make significant business decisions.
Shareholder's Right
The entitlements and privileges, such as voting and profit sharing, accorded to individuals or entities owning shares in a corporation.
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