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Parallel operation is the least costly changeover method. _________________________
Raise Capital
The act of obtaining funds to finance operations, growth, or investments of a business.
New Corporation
A business entity that has recently been formed and incorporated, beginning its operations and legal existence.
Corporate Privilege
Special rights or immunities granted to corporations, often exempting them from certain legal obligations.
Personal Benefit
Advantage or gain obtained by an individual from a situation or transaction, which is often a factor considered in legal judgments.
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