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All States of the United States Have Separate Equity Courts

question 12

True/False

All states of the United States have separate equity courts and common law courts.


Definitions:

Domestic Corporation

Company that operates in the state where it is incorporated.

Alien Corporation

Firm incorporated in one nation and operating in another nation.

Common Stock

Represents ownership shares in a corporation, giving holders voting rights and a claim on a portion of the company’s profits through dividends.

Voting Rights

The entitlement of shareholders or citizens to vote in company or public elections, respectively.

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