How is a legal entity, such as a corporation, similar to a person? If you owned a business, why might you want it to be incorporated?
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Q7: A(n) _ is an agreement between two
Q8: Tax-exempt, nonprofit corporations _.
A) cannot make a
Q9: A good contract will spell out _,
Q10: The time period in which legal action
Q11: Contract drafting and review is something the
Q13: The main disadvantage of corporations is that
Q14: In a corporation, all profits go to
Q15: In limited liability companies _.
A) income is
Q16: The number of stockholders in a Subchapter
Q17: An injured party whose rights in a
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