Examlex
Which of the following is the best example of a "system" as that term is defined in your text?
De Facto Corporation
A business that operates as a corporation without formal legal acknowledgment but is treated as such for some purposes.
Corporation's Bylaws
The written rules for conduct of a corporation, detailing the rights and obligations of the directors, officers, and shareholders.
Perpetrate A Fraud
The act of intentionally deceiving someone or a group in order to gain an unfair or illegal advantage, often financial.
Personally Liable
A legal term referring to an individual's responsibility to settle a debt or legal judgment from their personal assets.
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