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Piercing the Corporate Veil
A legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders, essentially ignoring the corporation's separate legal personality.
Sole Stockholder
A single individual or entity that owns 100% of the shares of a corporation.
Corporate Entity
A corporate entity is a company or group that is authorized to act as a single entity and recognized as such in law, separate from its shareholders.
Promoter
An individual or entity that takes the initiative in founding and organizing a business or enterprise, often before it’s officially established.
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