Examlex
When a company issues a stock dividend of any size, which of the following would be affected?
Personal Liability
The state of being legally responsible for the debts or actions of oneself, not shielded by corporate or other legal entities.
Incorporated
A legal status indicating that a business entity has been registered as a corporation, separating its liabilities and assets from those of its owners.
Model Business Corporation Act
A model set of laws proposed to standardize the regulation of corporate business practices across the United States.
Articles of Incorporation
Official documents filed with a governmental body to legally form a corporation, outlining its structure, purpose, and operations.
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