Examlex
Capital stock increases when
Dissolve Partnership
The process of formally ending the legal relationship between business partners and settling the partnership's affairs.
State Charter
A legal document that provides a corporation or other organization with rights and privileges approved by the state.
Double Taxation
The application of taxation on identical earnings, property, or monetary exchange by two distinct governmental tiers or across two separate nations.
Personal Liability
The legal obligation of an individual to fulfill or settle a debt or legal judgement from their own assets.
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