Examlex
Which of the following demographic demands places the LEAST amount of stress on state and local governments?
Public Corporations
Entities established by a government to undertake commercial activities on behalf of the government.
Nonprofit Corporations
are legal entities organized for purposes other than generating profit, where surplus revenues are reinvested in the entity's mission rather than distributed to shareholders.
Articles of Incorporation
The document filed with a governmental body to legally document the creation of a corporation, outlining its structure, purpose, and regulations.
Authorized Shares
The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.
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