Examlex
If a researcher measures two individuals on a nominal scale,it is impossible to determine which individual has the larger score.
RMBCA
The Revised Model Business Corporation Act, which serves as a guide for states in drafting their corporation statutes.
Organizational Meeting
An organizational meeting is the initial meeting held by the incorporators or initial directors of a corporation to complete the formation of the business and to adopt bylaws.
Corporate Veil
A legal concept that separates the identity of a corporation from its shareholders, protecting them from being personally liable for the company’s debts and obligations.
Closely Held Corporations
Companies whose shares are owned by a small group of individuals or families, often with restricted stock sales.
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