Examlex
The results of mental scanning experiments indicate that:
Issued Stock
The number of shares that have been allocated (sold or given) and are held by shareholders, including both public investors and company officers or insiders.
Outstanding Stock
The total shares of a company's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.
Unlimited Liability
A legal structure in which the owners of a business are personally liable for all the business's debts, with no limit on the amount for which they can be liable.
Mutual Agency
A principle of partnership where each partner has the authority to bind the partnership in contract with third parties.
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