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List Four Possible Components of the Answer

question 97

Essay

List four possible components of the answer.


Definitions:

Legal Persons

Entities, such as corporations or governmental bodies, that are recognized by law as having rights and responsibilities similar to natural persons.

Corporate Power

The legal authority and inherent capacities that a corporation possesses to conduct business, enter into contracts, and own assets.

Board of Directors

A group of individuals elected to represent shareholders and make decisions on major company issues, including strategy, governance, and overall direction.

Board of Supervisors

A governing body elected or appointed to oversee the administration of county government in some U.S. states.

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