Examlex
The following examples - bake cakes, self-clean, and reheat pasta - are all what with regard to the oven object, according to Alex's roommate?
Internal Affairs
A doctrine in corporate law that allows the internal affairs of a corporation, such as shareholder rights, to be governed by the laws of the state of incorporation.
Incorporated
The process of legally declaring a corporate entity as separate from its owners, providing it with certain legal rights and responsibilities.
Veil Will Be Pierced
A legal principle that allows for the corporate structure to be disregarded, exposing the shareholders to personal liability, typically in cases of fraud or when the corporation is a sham.
Separate Legal Entities
A status whereby a business is legally considered an independent entity from its owners, allowing it to own property, incur debt, sue, and be sued.
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