Most states require at least five incor?porators, each of whom must be an adult, and the payment of the necessary fees at filing time.
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Q2: A partner may sue his or her
Q3: A partner's ownership interest in a partnership
Q4: As a limited partner, one is empowered
Q5: General partners, as agents, are fiduciaries of
Q6: In contrast to proprietorships and partnerships, it
Q8: A corporation is a person under the
Q9: A corporation pays federal income taxes on
Q10: The Limited Liability Company (LLC) is a
Q11: Owners interest is freely transferable in what
Q12: Which of the following is not one
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