Examlex
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Involuntary Dissolution
The forced dissolution of a corporation or partnership by court order, usually initiated by a shareholder or creditor.
Charter Amendments
Changes made to the charter of a corporation, oftentimes requiring approval from a governing body or the shareholders.
Plurality
A situation in elections where the candidate or party receives more votes than any other but does not achieve an absolute majority.
Quorum
The lowest number of participants that must attend a meeting to officially carry out business activities.
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