How Statutory Voting Works.

In business, statutory voting is a method of voting that allows shareholders to vote on corporate matters without having to physically attend a shareholders’ meeting. Statutory voting is typically used for routine matters, such as the election of directors, that do not require a shareholders’ meeting. To use statutory voting, shareholders must submit a written … Read more

Garnishment.

A garnishment is a legal process whereby a debtor’s wages or other property are seized by a court order, at the request of a creditor, in order to satisfy a debt. The most common type of garnishment is wage garnishment, whereby a debtor’s employer is ordered to withhold a certain portion of the debtor’s wages … Read more