Examlex
In an organizational structure, major subunits refer to:
Duties
Responsibilities or obligations of an individual, such as paying taxes or performing certain actions.
LLC Statutes
Legal regulations governing the formation, operation, and dissolution of Limited Liability Companies.
Mergers
The combination of two or more companies into a single legal entity, often to achieve greater efficiency or market share.
Surviving LLC
A term used to describe a limited liability company that continues to exist after a merger or consolidation, absorbing the assets and liabilities of the other entity.
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