| Business & Corporate Entities> Corporations> Shareholders & Other Constituents> Shareholder Duties & Liabilities |
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| (Controlling Shareholder Duties)More... |
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| Significance of Par Value of a Stock |
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| Common stock and other securities may be issued with or without a stated face value or "par" value. Issuing stock with or without par or face value may have several consequences.More... |
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| Breakpoints in Mutual Fund Charges |
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| Mutual funds may offer "breakpoints" in their front-end sales load. Thus, a fund that charges a fee of five percent for investments up to $25,000 may charge only four percent for investments from $25,000 to $50,000 and three percent for investments over $50,000. The fund has breakpoints at $25,000 and $50,000.More... |
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| Corporation Goverernce: Meetings and Voting |
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| Control of a corporation is exercised through its board of directors. Shareholders in turn elect the directors. In addition to straight voting of one vote per share, there are several methods provided by statute or corporate charter for calculating shareholder votes, including cumulative, class, weighted, and supermajority voting. More... |
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| Antitrust & Trade Law: Clayton Act |
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| Section 3 of the Clayton Act, 15 U.S.C.S. § 14, makes illegal certain distribution practices. Generally, Section 3 of the Clayton Act makes it illegal to enter into tying arrangements, exclusive dealing contracts, or requirements contracts if such arrangements or contracts tend to lessen competition. More... |
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