Examlex
Match each definition with the correct term below.
-Colon
Legal
Pertains to the system of rules that are created and enforced through social or governmental institutions to regulate behavior.
Corporations
Legal entities formed by individuals, shareholders, or stakeholders, with rights and duties distinct from those of its members, and recognized as such by law.
Preincorporation Contracts
Agreements entered into by the promoters of a company on its behalf before the company has been legally formed.
Promoters
Individuals or groups who initiate and assist in the formation and organization of a corporation, often engaging in securing capital, compliance with legal requirements, and bringing together the initial management.
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