Examlex
A measure of reliability is its:
Watered Shares
Shares issued in exchange for property that has been overvalued. Also called watered stock. See also discount shares.
Overvalued
A financial situation where the price of an asset exceeds its intrinsic value.
Board of Directors
A group of individuals elected by the shareholders of a corporation to oversee the management and make major decisions affecting the company's policy and strategy.
MBCA
The Model Business Corporation Act, a set of statutory provisions designed for the incorporation and operation of a business corporation.
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