Examlex
Jim is an accounts receivable manager who has received many applications for an accounts-receivable clerk position. What would he most likely do next?
Close Corporation
A corporation whose shares of stock and managerial control are closely held by fewer than 50 shareholders (often members of the same family) or by one person.
Shareholders
Individuals or entities that own shares in a corporation, giving them certain rights such as voting on corporate matters.
No Par Value
Shares issued without a nominal or stated value per share, with the market price determined by demand.
Secretary of Commerce
The head of the U.S. Department of Commerce, responsible for promoting American businesses and trade.
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