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A firm or company that has been formed into a legal corporation by completing
the required procedures.
corporation
The most common form of business organization, and one which is chartered by a
state and given many legal rights as an entity separate from its owners. This
form of business is characterized by the limited liability of its owners, the
issuance of shares of easily transferable stock, and existence as a going
concern. The process of becoming a corporation, call incorporat |
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