Examlex
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Board of Directors
A group of individuals elected by the shareholders of a company to oversee and make decisions on its behalf.
Revised Act
A revised act is a piece of legislation that has been amended, updated, or rewritten to reflect current standards, practices, or understanding.
Quorum
The minimum number of members needed to be present for a meeting to legally conduct business and make decisions.
Dividends
Distributions from a company to its shareholders, derived from the company's earnings or accumulated savings.
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