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Four-year-old DeMarcus falls asleep shortly after his 8:30 p.m.bedtime.At about 9:45 p.m. ,he suddenly sits up in bed,breathing rapidly,and appearing to be in a state of sheer panic.DeMarcus is experiencing:
De Jure Corporation
A corporation that is legally incorporated and recognized by the state as existing in accordance with law.
Incorporators
Individuals who sign the articles of incorporation and are involved in the legal process of forming a corporation.
Incorporation Statute
A law that governs the formation, operation, and dissolution of corporations, providing the legal framework for businesses to obtain corporate status.
De Facto Corporation
A corporation that operates like a legally incorporated company, despite not having completed all required incorporation steps, often recognized for legal purposes.
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