Examlex
We know which of the following about horizontal power?
Partnership
An association of two or more persons to carry on a business for profit.
Corporation
A legal entity recognized by law, distinct from its owners, with rights to own property, sue, and be sued.
De Jure Corporation
A corporation that is legally incorporated and recognized by the state as existing in accordance with law.
Incorporators
Individuals who sign the articles of incorporation and are involved in the legal process of forming a corporation.
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