Examlex
Which of the following is generally not a requirement for a valid deed?
Limited Liability
Refers to a legal structure where a company's owners are not personally liable for the company's debts or liabilities.
Sole Proprietorship
A business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.
Co-Operative
An organization owned and operated for the benefit of those using its services, with members sharing control according to democratic principles.
Distinct Legal Entity
This term refers to a business structure that is recognized as separate from its owners, having its own rights and liabilities.
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