Examlex
The Health Council of Canada has suggested that the biggest health care issue in Canada is
Government Regulation
The laws and rules enacted by government agencies to supervise and control activities within various industries and sectors.
Separate Legal Existence
The concept that a corporation's identity is legally distinct from its owners, thus it can own property, incur debts, and be sued in its own name.
Continuous Life
A characteristic of corporations where the company’s existence is not affected by changes in ownership or management, ensuring perpetual continuity.
Limited Liability
Limited Liability is a legal structure that limits the amount of financial risk and liability to the amounts invested in a company, protecting personal assets of the owners from business debts.
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