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Explain the Fourteen Points proclamation issued by Woodrow Wilson in 1918.
Board of Directors
is a group of individuals elected by shareholders to oversee and make decisions on behalf of a corporation.
Promoters
Individuals or companies that initiate the creation of a business or corporation, often handling the legal and logistic tasks of organization.
Preincorporation Share Subscription
An agreement by an investor to purchase shares in a corporation that is yet to be formed, often used to fund the creation of the new company.
Model Business Corporation Act
A set of model laws designed to standardize and simplify the legal structure of corporations across the United States.
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