CorporateLaw

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August 31, 2024 4 min read Definitions
Corporation: Legal Entity with Distinct Rights and Liabilities
Business Law Corporation BusinessEntity LegalEntity Company CorporateLaw
A corporation is a legal entity comprised of a group of individuals authorized to act as a single person, with distinct rights and liabilities from its members. This entity can hold property, carry on business, and bring legal actions in its own name.
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