Examlex
In a cumulative voting system there are five directors to be elected and there are 500 shares to be voted. To guarantee that you can elect one director, you must control a minimum of how many shares?
Funds
Financial resources, including money or other assets, that are set aside for a specific purpose or investment.
Chapter 7's Federal Exemptions
Specific exemptions under Chapter 7 bankruptcy law that allow individuals to keep certain assets from being used to pay creditors.
Exempt
Describes the status of being free from an obligation, duty, or requirement set forth by legal, regulatory, or other rules.
Motor Vehicle
A road vehicle, such as a car or motorcycle, powered by an internal combustion engine or electric motor, used for transporting passengers or goods.
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