Examlex
What ironic consequence did William Penn's generous policies,such as religious toleration and inexpensive land,have?
Authorized Capital Stock
As stated in its charter, the number of shares of capital stock (common and preferred) that a corporation can sell.
Issued Capital Stock
Stock that the corporation issues for assets or services contributed by the stockholders.
Mutual Agency
A principle in partnership where each partner is fully authorized to act on behalf of the partnership, making decisions that bind all parties.
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