Examlex
Which of the following is considered a broad band test?
Corporation
A corporation is a legal entity that is separate and distinct from its owners, providing limited liability to its shareholders, and possessing the ability to own property, enter contracts, and sue or be sued.
Shareholders
Individuals or entities that own one or more shares of stock in a public or private corporation.
Derivative-Action Provisions
Legal guidelines that allow a minority shareholder to sue or take legal action on behalf of a corporation, typically to redress harm done to the company.
Relief-From-Oppression
Legal measures aimed at protecting individuals or groups from unfair or abusive treatment.
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