Examlex
Which is the unseen information that is located in common text files,such as that which can indicate when the document was created?
Illegal Dividend
A dividend declared and distributed by a company when it is not legally permissible to do so, either due to financial insolvency or violation of statutory requirements.
Shareholder
An individual or entity that owns shares in a corporation, thereby holding a portion of the company's stock and potentially benefiting from its profits in the form of dividends.
Preemptive Right
A shareholder’s option to purchase new issuances of shares in proportion to the shareholder’s current ownership of the corporation.
Model Business Corporation Act
A set of model laws prepared to assist states in drafting legislation to regulate the formation and operation of corporations.
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