Examlex
In what year was the 13th Amendment to the U.S. Constitution ratified?
Shareholders
Individuals or entities that own one or more shares of stock in a corporation and therefore have a financial stake in its performance.
Ultra Vires Act
An action taken by a corporation or its officers that exceeds the powers granted by its charter or law.
Implied Powers
Powers not explicitly stated in the constitution or legal framework but are deemed necessary to implement the expressed powers.
Publicly Traded
describes a company whose shares are bought and sold on stock exchanges, available to general investors.
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