Examlex
If a corporation has only one class of stock, it is _____ stock.
Absolute Level
A specific, fixed point or quantity that is not relative or compared to any other point or quantity.
Federal Government
The national government of a federated state, which shares powers with subnational governments under a system of federalism.
Maximin Criterion
A decision rule used under uncertainty, focusing on maximizing the minimum payoff or outcome.
Worst-off Person
Refers to an individual in a group or society who has the lowest welfare, income, or standard of living, often considered in discussions of equity and distributive justice.
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