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What Is EPOC

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What is EPOC?


Definitions:

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.

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.

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