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A good way for the receiver to provide feedback to the sender to ensure that the communicated message was understood correctly is via active listening.
De Jure Corporation
A corporation that has fully complied with all statutory requirements for incorporation and is legally recognized.
Conditions Precedent
Specific conditions outlined in a contract that must be met before the contract becomes legally binding or before a party is obligated to perform their part of the agreement.
Mandatory Conditions
Requirements or clauses within a contract or legal provision that are compulsory and enforceable, requiring strict adherence by all parties involved.
Equity Securities
Financial assets representing ownership interest in a company, such as stocks.
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