Examlex
What term refers to the set of actors (or nodes) and the relational ties that link them?
Closely Held Corporation
A closely held corporation is a type of company characterized by a small number of shareholders, typically involving family or close associates, with restrictions on the sale or transfer of shares.
Publicly Held Corporation
A company whose shares are publicly traded on stock exchanges, allowing public investors to buy and sell its stock.
Preferential Rights
Rights that give certain stakeholders in a company, such as shareholders or creditors, priority over others in specific situations, like asset distribution.
Liquidation
The process of closing a business and distributing its assets to claimants, often involving selling off assets to pay off creditors and then returning any remaining assets to the shareholders.
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