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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Drag-Along Right

Drag-along Right - The Drag-along right is a legal term to protect major shareholders. The drag -a long right assures major share holders that they will be given more power over minority share holders forcing them to go along with financial decisions. For instance if the major shareholders want to sell apportion of stock, they have drag-along rights over the minority share holders, forcing them to go along with the concept. Drag-along right is very common in corporate law, and is practice more times then not. Drag -along rights usually end when the company offers common stock to the public or when it is offered to smaller companies to obtain working capital.

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Definition of the Day Australian Securities Exchange

Australian Securities Exchange - The Australian Securities Exchange is the largest stock exchange in all of Australia, and is also known as the ASE, which opened for operation in 1987. Although its operations and functions have change with the times, it was transformed in 2006 after becoming the product in...

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