A corporation that exists in law, having met all of the necessary legal requirements is called a _____.

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A de jure corporation is a corporation that exists in law, having met all of the necessary legal requirements such as incorporation, registration, and compliance with other regulatory requirements. On the other hand, a de facto corporation is an entity that operates as if it were a corporation, but has not met all the legal requirements for incorporation. S corporation is a specific type of corporation that provides tax benefits. Respondeant corporation and fee simple corporation are not recognized or defined legal terms.

A Corporation That Exists in Law, Having Met All of the Necessary