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Instructions: Explain/Define the Following Terms

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Instructions: Explain/Define the following terms.
Ibn Battuta


Definitions:

Incorporation Statutes

Laws that govern the process of forming a corporation, including regulations around filing articles of incorporation, operating bylaws, and organizational structure.

Nonprofit Corporations

Organizations that operate for a charitable, educational, scientific, or social purpose without the intent of generating profit for shareholders.

Common Law Rule

A legal principle that emerges from court decisions over time rather than from statutes or constitutions, forming part of the common law legal system.

Criminal Act

A criminal act is an action or omission that constitutes an offense punishable by law.

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