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Double Jeopardy Means

question 60

Multiple Choice

Double jeopardy means:


Definitions:

Preferred Shares

A class of stock in a corporation that typically offers dividends and other privileges above common shares, usually without voting rights.

Incorporators

Individuals who file the necessary paperwork and legally establish a corporation, becoming its initial shareholders and possibly its initial directors.

Initial Board

The first group of individuals appointed or elected to govern and oversee a newly formed corporation or organization.

Corporation

A legal entity that is separate and distinct from its owners, providing them with limited liability, and recognized as having rights and responsibilities.

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