Examlex
Ritual rites of passage are represented by events such as baptisms, for example.
Quorum Requirements
The minimum number of members who must be present at any of its meetings to make the proceedings of that meeting valid.
Directors
Members of a corporation's board responsible for making major decisions and overseeing the managerial aspects of the company's operations.
Corporate Earnings
The profit a company makes after deducting all costs, expenses, interest, and taxes from its total revenue.
Implied Authority
Implied Authority refers to the powers not explicitly granted but deemed necessary to carry out the duties officially entrusted to an individual or entity.
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