Examlex
A product that has close substitutes will tend to have inelastic demand.
Issuance of Stocks
The process by which a company makes its shares available for sale to investors, thereby raising capital.
Article 8
A specific provision or section within a broader legal document or statute, the context of which can vary greatly depending on the document.
Free Transferability
The ability to freely transfer assets or shares from one party to another without restrictions.
Close Corporations
Corporations characterized by a limited number of shareholders, no public market for the shares, and often involving family members or close associates in the business operations.
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