Examlex
____ occurs when performance improvement is attained in one part of an organization but only at the expense of decreased performance in another part.
De Facto Corporation
A business operating as if it were a legally incorporated company, despite not having completed the formal incorporation process, and is often treated as such by the law under certain conditions.
Creditor
An entity to which a debtor owes money.
Incorporator
A person or entity that signs the articles of incorporation, thereby initiating the creation of a corporation.
De Jure Status
A legal term that means something is recognized by law, regardless of the actual situation on the ground.
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