Examlex
Tunso Corp. has 1,000 shares of stock outstanding that are permitted to vote for directors. If Tunso Corp. permits cumulative voting, a minority shareholder would need to vote how many shares to elect one of three directors?
Investment
Investment refers to the allocation of resources, usually financial, in order to generate income or profit, including the purchase of assets with the expectation that it will generate payoff in the future.
Advanced Economy
A term used to describe a country with a very high level of economic development, characterized by high-income levels, diversified economic structures, and stable financial markets.
Economic Growth
An increase in the production of goods and services in an economy over a period, typically measured by the rise in real GDP.
Productivity
The efficiency with which goods and services are produced, typically measured in terms of output per labor hour.
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