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W.K.Clifford's story of the shipowner was intended to make the point that
Officers
Individuals holding positions of command, authority, or responsibility within an organization, especially within a corporation's executive management.
Revised Act
An updated or amended version of legislative acts or statutes.
Shareholder
An individual or entity that owns shares in a company, thus holding a portion of the company's equity and potentially influencing its decisions.
Corporate Records
Documents and records that a corporation is legally required to maintain, usually including incorporation papers, bylaws, meeting minutes, and financial statements.
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