Examlex
________ is a successful example of a virtual corporation.
Stock
An ownership share in a company that represents a claim on part of the corporation's assets and earnings.
Contract Rate
The agreed-upon interest rate specified in a contractual agreement, such as a loan or bond.
Bond
An interest-bearing note payable usually in $1,000 denominations issued by a corporation to a large group of lenders.
Annual Interest Rate
The percentage of interest that will be charged or earned on a principal amount over the course of a year.
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