Examlex
The type of failure mode that likely to occur due to mechanical and metallurgical deterioration
Incorporates
The act of forming a new corporation by filing required documents with the state, or integrating components into a whole.
Business
A business is an organization or enterprising entity engaged in commercial, industrial, or professional activities with the aim of earning profits.
Nonbinding Preincorporation Contracts
Agreements made on behalf of a corporation before it is legally formed, which typically do not hold the corporation responsible once it is established.
Personal Liability
The state of being legally responsible for the debts or actions of oneself, not shielded by corporate or other legal entities.
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