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What are the two tasks of good leaders?
De Facto Corporation
A business that operates as if it were a legally incorporated company, even though it has not completed the formal incorporation process.
Misappropriates
The act of taking something dishonestly for one's own use, often in violation of trust or ownership.
Shareholders
Individuals or entities that own one or more shares of stock in a corporation and therefore have a financial stake in its performance.
Ultra Vires Act
An action taken by a corporation or its officers that exceeds the powers granted by its charter or law.
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