Examlex
A senior partner delegated the drafting and filing of a statement of claim to a first-year lawyer employed by the firm.The first-year lawyer erroneously sued the wrong parties.How will the law assign responsibility for the obligation with regard to the quality of the work performed?
Implied Powers
Powers not explicitly stated but are considered necessary for fulfilling the expressly granted powers of an authority or government body.
Incorporated
refers to the process by which a business becomes a legally recognized entity that is distinct from its owners, providing benefits like liability protection and tax advantages.
Corporation Name
The legal name under which a corporation is registered to conduct business.
Société Anonymes
A French term for a public limited company, characterized by having its shares offered to the public and managed by a board of directors.
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