Examlex
Because you can open or make changes directly to a PostScript file, everything in the publication does not have to be complete before you save it.
Corporation
A legal entity formed under state or federal statutes that is distinct from its owners (shareholders), providing limited liability protection, ease of transferability of shares, and potential tax benefits.
Legal Entity
An individual or organization with legal rights and obligations, including the ability to enter into contracts, sue, and be sued.
Cumulative Preferred Stock
A type of preferred stock that has a provision that requires the company to pay all dividends, including those that have been skipped, before any dividends can be distributed to common stockholders.
Common Shareholders
Individuals or entities that own shares of a company's common stock, granting them rights to dividends and voting in shareholder meetings.
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