Examlex
Which of the following statements about deviance against the government is FALSE?
Company's Members
Individuals or entities that have an ownership interest in a corporation, commonly referred to as shareholders or stockholders.
ASIC
The Australian Securities and Investments Commission; an independent Australian government body that acts as the corporate regulator.
Liquidation Surplus
The amount of money remaining after all liabilities and obligations of a liquidating entity have been settled, which is then distributed to shareholders.
Preference Shares
Shares that give holders preferential rights over common shareholders regarding dividends and assets distribution upon liquidation.
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