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A university has just formed a board of trustees and invited 25 of its wealthiest alumni to join the board. Which of the following is being adopted by the university?
Prospectus
A detailed document provided by a company to potential investors, outlining the company's financial health, operations, and investment risks.
Ontario Securities Commission
The regulatory body responsible for overseeing the capital markets in Ontario, Canada.
Securities Sale
The process of selling financial instruments such as stocks, bonds, or options in a financial market.
Corporate Nature
The inherent characteristics that define a corporation, such as limited liability, perpetual existence, and the ability to enter into contracts.
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