Examlex
The Hanging Indent marker is show by item ____ in the accompanying figure.
Model Business Corporation Act
A standardized set of laws that serve as a blueprint for state legislatures to regulate the formation, operation, and dissolution of corporations.
Corporation Power
The legal and operational capabilities granted to a corporation by law, allowing it to conduct business, enter contracts, and own assets.
Minority Shareholders
Individuals or entities that own less than 50% of a company's shares, thereby having less control over company decisions.
Supermajority Voting
The board needs more than a simple majority of directors to vote in favor of an action before the action is possible; for example, it may require a 2/3 or unanimous vote prior to action.
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