Examlex
Assume a corporation has cumulative voting and there are two directors up for election.What is the minimum number of votes a shareholder who owns 100 shares can cast for Candidate Jones if there are a total of 5 candidates?
Hair Salon
A business establishment where clients receive professional hair cutting, styling, and possibly other cosmetic services.
Contract Clause
A provision found in the U.S. Constitution that prohibits states from enacting laws that retroactively impair contract rights.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.
Permissible
Allowed or permitted within a set of rules, laws, or regulations.
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