Examlex
If a company has assets of over $10 million but trades its stock over the counter, it is nevertheless required to comply with the 1934 Act if it has:
Implied Authority
Authority of an agent that is not explicitly stated but is inferred from the agent's actions or the circumstances.
Audit Fee
The charge by an audit firm for the service of conducting an official financial examination of an organization's accounts.
Pit Bull
A breed of dog known for its strength, courage, and firm demeanor, often subject to breed-specific legislation due to misconceptions and stigma around aggressiveness.
Dissolution
In partnership law, the commencement of the winding up process.
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