Examlex
When reconciling a bank statement, direct deposits are
Preemptive Rights
Rights that allow existing shareholders to buy additional shares before new shares are offered to the public, thus maintaining their percentage of ownership.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when entrusted with care of money or property.
Votes
Formal indications of a choice made from among options or decisions, often used in the context of elections or decision-making processes in organizations.
Revised Model Business Corporation Act
An updated model statue designed to serve as a comprehensive guide for the structuring and governance of corporations in the United States.
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