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A Variable Whose Meaning Is Confined to a Method Definition

question 25

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A variable whose meaning is confined to a method definition is called an/a


Definitions:

Shareholder Manager

A shareholder who also plays a direct role in the management of a company.

Passive Shareholder

An investor who holds a stake in a company but does not take part in day-to-day management or operational decisions.

Authorized Shares

Shares that a corporation is empowered to issue by its articles of incorporation.

Preference Shares

A class of stock that provides shareholders with priority over common shareholders in terms of dividends and assets in the event of liquidation.

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