Examlex
Increasing the number of corporations whose stocks are in your portfolio reduces market risk.
Substantially All
Pertaining to the majority or nearly the complete portion of something, often used in legal contexts concerning asset transfers.
Shareholder Approval
The process by which actions affecting a corporation and its governance must be approved by a majority of its shareholders.
Ordinary Course
Activities that are considered part of the normal, day-to-day operations of a business.
Assumes Liabilities
The act of taking on the legal debts or obligations of another party, often in the context of business transactions.
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