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Why does a mountain show a positive gravity anomaly?
De Facto Corporation
Latin for “corporation in fact”; a corporation that has not substantially met the requirements of the state incorporation statutes.
Corporation By Estoppel
A defective corporation that has conducted business with a third party and therefore cannot deny its status as a corporation to escape liability.
De Jure Corporation
Latin for “lawful corporation”; a corporation that has met the mandatory statutory provisions and thus received its certificate of incorporation.
Alien Corporation
A business that is incorporated in a foreign country.
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