Examlex
How does a service company calculate unit cost per service? Why do managers need to know the unit cost per service?
Cumulative Voting
A method of voting for corporate directors that allows shareholders to multiply their shares by the number of directorships being voted on and to allocate their votes among the candidates as they see fit.
Common Shares
Equity securities that represent ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends or capital appreciation.
Directors
Individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.
Model Business Corporation Act (MBCA)
A set of model laws prepared by the American Bar Association to provide a standard for the incorporation and operation of corporations in the United States.
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