Examlex
Teams are less likely to select the best decision alternative compared to the typical individual working alone.
Issued Shares
A corporation’s shares that a corporation has sold to its shareholders. Includes shares repurchased by the corporation and retained as treasury shares, but not shares canceled or returned to unissued status.
Model Nonprofit Corporation Act
A guideline for the governance of nonprofit organizations, providing a standard legal framework for their formation and operation.
Nonprofit Corporation
An entity designed to operate without the objective of making profits for its owners or members, often focused on serving the community or public interest.
Minimum Number
The smallest quantity or amount permitted or required under certain conditions or for a specific process.
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