Examlex
Technician A says that the sharp corners on a spool valve give it a self-cleaning action. Technician B says that due to the very close clearances, any damage will make the spool valve unusable. Who is correct?
Merger
The combination of two or more companies into a single entity, usually with the aim of enhancing competitiveness or expanding market share.
Revised Model Act
An updated or modified version of legislation that serves as a template for laws across different jurisdictions.
Shareholder Vote
A decision-making process where shareholders of a company vote on corporate matters, reflecting their ownership stake.
Articles of Incorporation
The primary legal document used to establish a corporation, detailing its structure and purpose.
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