Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-Deborah
Corporation
A business firm that is a legal person. Its chief advantage is that each owner’s liability is limited to the amount of money he or she invested in the company.
Stockholders
Individuals or entities that own shares in a corporation, possessing ownership interests and rights to dividends.
Owned
The state of having legal rights to possess, use, and control a property or asset.
Reserve Army
Reserve army typically refers to a body of trained citizens held in readiness as a military force to be called upon in specific circumstances, but in Marxist theory, it also denotes the surplus labor available for capital exploitation.
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