Examlex
Subjective rationality is the tendency to
Members
Owners of a limited liability company.
Articles of Organization
Legal documents filed with a state government to officially start a limited liability company (LLC) and outline its structure and operation.
Joint Stock Company
A partnership agreement in which company members hold transferable shares while all the goods of the company are held in the names of the partners.
Limited Liability Company
An organizational model blending the direct taxation advantage of partnerships or sole proprietorships with the restricted liability characteristic of corporations.
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