Examlex
If the supply curve is more price elastic than the demand curve in a particular market, will the buyers or the sellers bear a larger burden of a per-unit tax imposed on the market?
Closely Held Corporation
A business corporation that has a small group of shareholders, with shares that are not publicly traded on stock exchanges.
Unfairly Prejudicial
Actions or decisions that unjustly or unfairly harm the interests of a particular party, often seen in corporate or business contexts.
Sole Shareholder
An individual or entity that owns 100% of the shares of a company, holding complete control over the business.
Fiduciary Duty
An obligation to act in the best interest of another party, typically in matters of finance or trust management.
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