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Explain the differences between the three levels of federal courts.
Shareholders
Individuals or entities that own shares in a corporation and therefore have an ownership interest in the company.
Privately-Held Firms
Businesses whose ownership is private, meaning their shares are not traded on public stock exchanges.
Securities
Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with corporations or governmental bodies (bonds), or rights to ownership as represented by an option.
General Public
Refers to the broader community or populace that is not specifically involved with a particular area of interest or occupation.
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