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Closed membership groups usually do not
Delaware
A U.S. state located on the Atlantic Coast in the mid-Atlantic region, known for its business-friendly corporation laws.
Publicly Traded Corporations
Companies whose shares are traded on public stock exchanges, allowing them to be bought by and sold to the general public.
Self-dealing
A situation in which an individual with fiduciary duties acts in their own best interest rather than in the interest of the beneficiaries, potentially leading to a conflict of interest.
Business
The practice of making one's living by engaging in commerce, trade, or services.
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