Examlex
In the accompanying figure, label 2 indicates the ____.
Certificate of Authority
A document issued by a governmental authority granting permission to a business entity to operate in a specific jurisdiction.
Incorporate
To form a legal corporation, allowing a business to operate as a separate legal entity from its owners, with its own rights and liabilities.
Incorporation Process
The incorporation process involves the legal procedure of creating a corporation, which is a type of recognized legal entity separate from its owners, providing limited liability and other benefits.
Statutory Agent
A person or entity appointed to receive legal documents on behalf of a corporation or other legal entity.
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