Examlex
Professor West created a new test of intelligence. After administering the test to a group of students, he asked their teachers to rate each student in terms of how smart they thought the students were. The scores on his test did not correlate with the teacher ratings very well at all. This new test suffers from
Incorporation Process
The series of legal steps taken to form a corporate entity or company which is recognized by law as a separate legal entity from its owners.
Majority Vote
A voting requirement where more than half of the votes cast by individuals entitled to vote are needed to make a decision or pass a resolution.
Shareholders
Individuals or entities that own shares in a corporation, giving them the right to vote on corporate matters and receive dividends.
Director Serve
The role or term during which an individual serves on a board of directors for an organization or corporation.
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