Examlex
One disadvantage of ________ is the initial cost of formation.
Physical Existence
Physical existence refers to the state of being tangible, having a material body or form that can be perceived by the senses.
Gift Inter Vivos
A gift made during the giver's lifetime, as opposed to a bequest or legacy left in a will.
Birthday Gift
An item or service given to someone on the occasion of their birthday without expectation of payment.
Inherits
To receive property, titles, or rights from a deceased person's estate according to a will or as determined by law.
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