Term of Day
Uh oh! You're not
Term of Day
+ Create New Flashcard
an elected director at a
board of directors
, provided (1) the
articles of association
(or bylaws) of the firm allow for such
, and (2) the other elected directors of the firm do not
You Also Might Like...
Which Organizational Structure is Right for Your ...
When setting up a new business, you should pay careful attention to designing your company's organizational structure. This should be decided according to your company's size, industry and aims. You should think of organizational structures as ...
Inc. vs. LLC
When setting up a new company two options are to incorporate and set up a corporation (Inc.) or to set up a limited liability company (LLC). Both provide the benefit of personal liability protection, where your personal assets are protected from ...
The Role of Stakeholders in Your Business
In business, a stakeholder is usually an investor in your company whose actions determine the outcome of your business decisions. Stakeholders don't have to be equity shareholders. They can also be your employees, who have a stake in your company's ...
How to Create a Disaster Plan
Small businesses suffer great losses whenever there is a natural catastrophe. In addition to damaging property, hurricanes and floods can lead to lost financial and customer records. Your business operations may be shut down for days on end, ...
Copy & paste this HTML in your website to link to this page
Browse Dictionary by Letter: