A corporation whose shares are held by relatively few persons is a close corporation .
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Q15: In many states, close corporations have more
Q16: A close corporation need not meet all
Q17: A benefit corporation is designed to make
Q18: The implied powers of a corporation can
Q19: Like the partners in a partnership, the
Q21: When a shareholder commingles personal and corporate
Q22: Stocks, or equity securities, represent the purchase
Q23: If a business says it is a
Q24: A de jure corporation is one that
Q25: Common stockholders and preferred stockholders benefit when
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