Examlex
Which of the following statements is NOT true?
Principal Place of Business
The primary location where a corporation's executives direct, control, and coordinate the business activities.
Incorporated
The process by which a business is legally declared a corporate entity, separate and distinct from its owners, with its own rights and liabilities.
In Personam Jurisdiction
The legal authority of a court to require a person to appear before it and to subject that person to its decisions.
In Rem Jurisdiction
A legal principle concerning the power a court has over an object or status rather than over a person, often used in property disputes.
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