A business firm whose shares are held by a single person may be a sole proprietorship, but it cannot be a corporation.
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Q1: A corporation needs to be careful about
Q3: A corporation is recognized under U.S. law
Q4: Shareholders' assumption of personal liability, as guarantors,
Q6: The directors of a benefit corporation must,
Q9: A shareholder in a professional corporation generally
Q14: Because a close corporation is one whose
Q15: In many states, close corporations have more
Q16: A close corporation need not meet all
Q17: A benefit corporation is designed to make
Q20: A corporation whose shares are held by
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