Examlex
The effectiveness of barriers to entry depends upon:
Ultra Vires Acts
Acts performed beyond the powers or authority granted to a corporation or an individual by law.
S Corporation
A special designation that allows corporations to pass income directly to shareholders and avoid double taxation.
Partnerships
A business structure where two or more individuals manage and operate a business in accordance with the terms and goals set out in a partnership agreement.
Revised Model Business Corporation Act (RMBCA)
A set of laws proposed to standardize the regulation of corporations in the United States, offering a template for state legislatures.
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