Examlex
What is the alignment of text that is positioned so that both the left and right edges of the paragraph are flush with the left and right margins?
Implied Powers
Powers not explicitly stated in a constitution or legal document but deemed necessary to execute the powers that are expressly stated.
De Facto Corporation
Latin for “corporation in fact” a corporation that has not substantially met the requirements of the state incorporation statutes.
Incorporation Statute
Laws enacted by a state that outline the requirements for forming and operating a corporation within that state.
Dividends
Corporate profit shares distributed among stockholders, often on a periodic basis.
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