Examlex
Which of the following statements about water is not true?
Fiduciary Duty of Care
A legal obligation of one party to act in the best interest of another when entrusted with the care of their assets or interests.
Stock Subscription Agreement
A legal contract outlining the purchase of shares in a company by investors under specific terms and conditions.
Watered Stock
Stock that is issued to individuals below its fair market value.
Majority Vote
A voting outcome that is achieved when more than half of the votes cast are in favor of a proposition or electing a candidate.
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