Examlex
All of the following are advantages of a corporation except
Statutory Agent
An individual who is designated to receive service of process when a lawsuit is filed against a corporation or an LLC.
Shareholder Proposal
A recommendation or requirement submitted by a shareholder for consideration at a company's annual meeting.
Voting Stock
Voting stock refers to shares in a company that grant the shareholder the right to vote on corporate matters, such as the election of the board of directors.
Shareholders' Meeting
A gathering of a company's shareholders held to discuss and vote on corporate matters and decisions.
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