Examlex
The net result of setting limits on sales expenses is that salespeople spend their valuable time juggling expenses from one category to another or from one time period to another to make sure they cover their costs.
Issuance of Stocks
The process by which a company makes its shares available for sale to investors, thereby raising capital.
Article 8
A specific provision or section within a broader legal document or statute, the context of which can vary greatly depending on the document.
Free Transferability
The ability to freely transfer assets or shares from one party to another without restrictions.
Close Corporations
Corporations characterized by a limited number of shareholders, no public market for the shares, and often involving family members or close associates in the business operations.
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