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In the Event That No Designation Is Made in the Articles

question 17

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In the event that no designation is made in the articles of incorporation, if there is only one class of stock authorized, that stock is considered to be common stock.


Definitions:

Overextension

A linguistic error, common in early language development, in which a child applies a word in a broader context than is appropriate.

Underextension

A cognitive error observed in language development, where a child applies a word too narrowly, using it for one object instead of all objects of that category.

Fast Mapping

The process by which children are able to learn the meaning of new words quickly by making logical assumptions after a minimal exposure.

Fast Mapping

The process by which children rapidly learn a new word after a brief encounter.

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