Examlex
The main positive result of the Annapolis Convention was to do which of the following?
State Of Incorporation
The jurisdiction under whose laws a corporation is registered and operates, determining its legal obligations and protections.
Professional Corporation
A corporate structure available to licensed professionals, like doctors or lawyers, offering certain tax and liability advantages.
Malpractice
Professional misconduct or failure to exercise adequate skill, leading to the loss or injury of a patient, client, or customer.
De Facto Corporation
A business entity that operates like a corporation but hasn't completed all legal steps required for incorporation, often treated as a corporation for most legal purposes.
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