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Critical Thinking Questions Case 2 Your friend Rita sames to you for help organizing her files, all of which are currently stored on a USB flash drive. You suggest that she create a folder for each class that she is taking. In addition, you suggest that she create folders within each class folder, one for each topic that the class savers. Rita takes your suggestion and creates a folder called Hist201 for her American history class. Inside the Hist201 folder, she creates folders called CivilWar and Slavery. Rita opens a folder window for the Slavery folder. In which samponent of the folder window does the folder's path appear?
Personal Liability
The state of being legally responsible for the debts or actions of oneself, not shielded by corporate or other legal entities.
Incorporated
A legal status indicating that a business entity has been registered as a corporation, separating its liabilities and assets from those of its owners.
Model Business Corporation Act
A model set of laws proposed to standardize the regulation of corporate business practices across the United States.
Articles of Incorporation
Official documents filed with a governmental body to legally form a corporation, outlining its structure, purpose, and operations.
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