Examlex
If beauty pageants are abolished, then our sense of values will improve. Beauty pageants will not be abolished. Therefore, our sense of values will not improve.
RMBCA
The Revised Model Business Corporation Act, which serves as a guide for states in drafting their corporation statutes.
Organizational Meeting
An organizational meeting is the initial meeting held by the incorporators or initial directors of a corporation to complete the formation of the business and to adopt bylaws.
Corporate Veil
A legal concept that separates the identity of a corporation from its shareholders, protecting them from being personally liable for the company’s debts and obligations.
Closely Held Corporations
Companies whose shares are owned by a small group of individuals or families, often with restricted stock sales.
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