Examlex
Which of the following statements about resonance structures is not true?
Public Company
A corporation whose shares are traded openly on stock exchanges or markets, making its ownership public.
Small Corporations
Refers to corporations with a limited number of shareholders and reduced regulatory requirements.
Board of Directors
A group of individuals elected to represent shareholders and oversee the major decisions and policies of an organization.
Preemptive Right
A shareholder’s right to purchase a proportionate share of every new offering of stock by the corporation.
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