Examlex
Which of the following is a valid observation of venture capital?
Board Of Directors
The Board of Directors is a group of individuals elected to represent shareholders and oversee the management and major decisions of a corporation.
Shareholder Voting Agreement
An agreement among shareholders outlining how they will vote their shares on certain matters such as elections of the board of directors, to ensure a particular outcome.
Bound
In legal terms, it refers to being legally or ethically obligated to do something.
Declare And Distribute
The process by which a company announces and then allocates dividends to its shareholders.
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