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Explain the differences between a subpoena and a summons.
Joint Stock Company
A type of business entity owned by shareholders where the stock can be bought and sold on stock exchanges.
Perpetual Existence
A corporate structure characteristic where a company continues indefinitely, unless dissolved, regardless of changes in ownership or management.
Implied Duration
Estimated time that represents how long it takes for the price of a fixed-income investment to be repaid by its internal cash flows.
Business Trust
A legal arrangement where assets are managed by trustees for the benefit of the trust's beneficiaries, often used in business for tax and estate planning.
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