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Explain the connection between global megacorporations,soft economic power,and politically-based governments in countries,both large and small,around the world today.
Preferred Shares
Type of stock that grants holders priority for dividends over common stockholders and rights to assets in the event of liquidation.
Winding Up
The process of dissolving a business by disposing of its assets, paying off creditors, and distributing any remaining assets to shareholders or owners.
Chartered Bank
A financial institution that has been established and operates under a charter granted by the government, offering a range of banking services.
Partnership
A form of business legally organized by multiple individuals who participate in managing the enterprise and dividing its earnings.
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