Examlex
After working with Rene for the past few weeks, it is clear that she can be described as a high power distance.This would mean she accepts that her boss makes the decisions and she follows his direction.
Died Testate
A legal term indicating that a person has died leaving a valid will that dictates the distribution of their estate.
Closely Held Corporation
A corporation that has a small number of shareholders, often characterized by its lack of public trade on stock exchanges and its tight-knit management.
Corporate Property
Assets owned by a corporation, which can include real estate, machinery, intellectual property, and other tangible and intangible assets.
Durable Power of Attorney
A legal document that grants a designated person the authority to make financial and/or health care decisions on behalf of someone else, even if the grantor becomes incapacitated.
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