Examlex
When Hillary was asked what comes to mind in response tothe word "animal," she immediately said "horse." For Hillary,"horse" is a(n) _____ of the category "animal."
Initial Board
The first group of individuals appointed or elected to govern and oversee a newly formed corporation or organization.
Corporation
A legal entity that is separate and distinct from its owners, providing them with limited liability, and recognized as having rights and responsibilities.
Preferred Stock
A security that entitles the holder to payment of fixed dividends and that has priority over common stock in the distribution of assets on the corporation’s dissolution.
Common Stock
A type of equity security that represents ownership in a corporation, with holders usually having a right to vote on corporate matters.
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