Examlex
The charter of a corporation provides for the issuance of 100,000 shares of common stock.Assume that 60,000 shares were originally issued and 5,000 were subsequently reacquired.What is the number of shares outstanding?
Valid Yet Unenforceable
A legal term for an agreement that meets all the requirements to be valid but cannot be enforced in a court of law due to certain limitations.
Express Contract
A contract in which all the terms are clearly set forth in either written or spoken words.
Dental Emergency
A sudden, urgent medical condition related to the teeth or gums requiring immediate treatment to relieve pain or risk of serious complication.
Legally Binding Contracts
Legally binding contracts are agreements recognized by law as enforceable, having all legal elements like offer, acceptance, consideration, and capacity.
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