Examlex
In the scenario above,Mr.Gordon:
Majority Vote
A voting outcome where more than half of the votes cast decide an issue or election.
Common Stock
Corporate stock that does not convey any preferences to its holders.
Corporation
A legal entity formed by issuing stock to investors, who are the owners of the corporation.
Preferences
Preferences typically involve decisions or policies that give priority or advantage to particular individuals or groups, often seen in legal contexts such as bankruptcy.
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