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The State Charter Allows a Corporation to Issue Only a Certain

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The state charter allows a corporation to issue only a certain number of shares of each class of stock. This amount of stock is called


Definitions:

Allegation

A party’s statement, claim, or assertion made in a pleading to the court. The allegation sets forth the issue that the party expects to prove.

Issue

A point of debate or contention that arises in legal or other formal contexts, requiring resolution or discussion.

Form Books

A collection of legal forms and templates used by attorneys to draft documents.

Complaint Drafting

The process of creating a legal document that initiates a lawsuit by outlining the plaintiff's allegations against the defendant.

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