Examlex
Requiring the job candidate to pass a physical examination is often a formal condition of employment.
Defective Incorporation
A situation where errors or omissions occur during the incorporation process of a company, potentially affecting its legal status or liability.
Involuntary Dissolution
The legal termination of a corporation's existence without the consent of the corporation, often initiated by a government authority.
Personally Liable
A situation where an individual is responsible for a debt or obligation from their own assets, rather than the liability being limited to business or corporate assets.
Public Corporation
A company whose shares are traded freely on a stock exchange or markets, owned by public shareholders, and subjected to regulatory reporting requirements.
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