Examlex
Without engaging in anything legally recognized as corruption, an elected representative helps enact a policy that a majority of his or her constituents strongly oppose, but that the representative's party supports.What does this suggest about the relationship between representatives and the people who delegate them to act in their place?
Controlling Interest
An ownership interest in a business that allows the holder significant influence or control over its operations and decisions, typically through the possession of more than 50% of voting shares.
Voting Common Stock
Common shares that entitle shareholders to vote on company policies and board member selections.
Preferred Stock
A type of stock that grants holders priority over common stockholders in terms of dividend payments and assets in the event of liquidation, often with fixed dividend rates.
Consolidated Financial Statements
Financial statements that present the assets, liabilities, and operating results of a parent company and its subsidiaries as one entity.
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