Examlex
Tell whether the statement is true or false.
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Common Shares
Equity securities that represent ownership in a corporation, providing voting rights and a share in the company's profits through dividends.
Doctrine of Ultra Vires
A legal principle stating that acts done beyond the scope of power of a corporation or governmental entity are invalid or void.
Corporate Law
The body of laws, regulations, and practices that govern the formation and operation of corporations.
Dividend Tax Credit
A tax credit that investors can claim in many jurisdictions for taxes already paid by a corporation on the dividends it distributes to shareholders.
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