Examlex
All planets travel in their own __________around the Sun, moving counterclockwise around the Sun from west to east.
Bankruptcy
A legal proceeding involving a person or business that is unable to repay outstanding debts. The process begins with a petition filed by the debtor, or on behalf of creditors.
Authorized Shares
The legally allowed maximum issuance of shares by a corporation, as stated in its charter.
Articles of Incorporation
Legal documents filed with a governmental body to legally document the creation of a corporation.
Limited Liability
A legal structure where a company's shareholders' financial responsibility is limited to the value of their shares in the event of liquidation.
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