Examlex
Which of the following statements is correct?
Corporate Law
A body of law that regulates the formation, governance, dissolution, and administration of corporations.
Sole Proprietorship
A business structure where a single individual owns, manages, and is personally responsible for all aspects of the business.
Shareholders
Individuals or entities that own shares in a corporation, giving them certain rights and a stake in its performance.
Lawsuit
A legal action brought in court by one party against another for the purpose of obtaining a remedy or resolution for a dispute.
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