Examlex
When the firm offers a complex range of products and customers have similar needs a ________ salesforce is recommended.
Incorporation Process
The legal procedure by which a business entity is formed as a corporation, involving registration with the state, drafting articles of incorporation, and meeting other regulatory requirements.
Capital
Financial assets or the financial value of assets, such as cash or goods, used by a company to fund its operations and facilitate its growth.
Double Taxation
The imposition of tax by two or more jurisdictions on the same declared income, asset, or financial transaction.
S Corporation
A type of corporation in the United States that elects to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code, allowing profits to be passed directly to shareholders and avoid double taxation.
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