Examlex
Which one of the following concerning mid-ocean ridges is false?
Defective Corporation
A corporation that has not completely complied with all legal requirements for incorporation, but may still operate as a corporation under certain conditions.
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.
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