Examlex
If an investment project (normal project) has an IRR equal to the cost of capital, the NPV for that project is
Current Law
The body of law that is in effect at the present time, governing contemporary legal issues and society.
Member-managed LLC
A limited liability company governed by its members rather than designated managers, with members actively involved in decision-making.
Articles of Organization
The legal document filed with a government body to formally establish a limited liability company (LLC).
Statutory Agent
An individual who is designated to receive service of process when a lawsuit is filed against a corporation or an LLC.
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