Examlex
Esperanza is having a prenatal test to remove a small sample of the placenta for genetic testing. Identify the test that her doctor is performing.
Watered Shares
Shares issued in exchange for property that has been overvalued. Also called watered stock. See also discount shares.
Overvalued
A financial situation where the price of an asset exceeds its intrinsic value.
Board of Directors
A group of individuals elected by the shareholders of a corporation to oversee the management and make major decisions affecting the company's policy and strategy.
MBCA
The Model Business Corporation Act, a set of statutory provisions designed for the incorporation and operation of a business corporation.
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