Examlex
According to the pluralist doctrine, competing interests will lead to
Separate Corporate Existence
The legal principle that a corporation exists independently from its owners, with its own rights, liabilities, and obligations.
Statutory Merger
A merger in which one of the companies involved absorbs the other legally and retains its original corporate identity, while the other company ceases to exist.
Legal Corporations
Entities that are legally incorporated under specific laws to carry out business or other duly recognized purposes with legal rights and obligations.
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