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The distinction between a condition precedent and a condition subsequent
Person
An individual human being, but in legal contexts, can also refer to entities recognized by law, such as corporations.
General Incorporation Law
A set of statutes established by a state that provides guidelines and regulations for the formation, operation, and dissolution of corporations.
For-Profit Corporation
A type of organization that is intended to operate with the goal of making a profit for its shareholders.
Owners
Individuals or entities that hold the legal right or title to property, assets, or intellectual property.
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