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You own 200 shares anUnder a majority voting system, the most votes you could give one candidate is
Corporations
Businesses that are legally recognized as separate entities from their owners, having their rights and liabilities.
Single Taxation
A tax system where income is taxed only once, typically referring to how corporate profits are taxed at either the corporate or shareholder level but not both.
Mutual Agency
A principle in partnerships where each partner has the power to bind the entire partnership to a contract or agreement.
Limited Liability
A principle where a company's shareholders are legally responsible for its debts only to the extent of the amount of capital they invested.
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Q49: Historically, the private placement capital market has