Examlex
i. The Cunard luxury liner, Queen Elizabeth 2, cannot be docked in Hong Kong and Bangkok at the same time. Events such as these that cannot occur simultaneously are said to be collectively exhaustive. ii. If there are 'm' ways of doing one thing and 'n' ways of doing another thing, the multiplication formula states that there are (m) (n) ways of doing both.
iii. A permutation is an arrangement of a set of objects in which there is an order from the first through the last.
Dividends
Payments made by a corporation to its shareholder members, distributing profits.
Revised Model Business Corporation Act
An influential model law that suggests legal standards and practices for the formation, operation, and dissolution of corporations in the United States.
Book Value
The net value of a company's assets minus its liabilities and preferred stock, reported on the balance sheet.
Legal Asset Distributions
The process of dividing and distributing a company's assets to shareholders, creditors, or heirs following legal rules.
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