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In Creating a Corporation,once the Articles of Incorporation Are Filed

question 13

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In creating a corporation,once the articles of incorporation are filed with the appropriate state office,the state may then issue a


Definitions:

Monopoly

A market structure characterized by a single seller who has exclusive control over the supply of a good or service, and where entry of new competitors is obstructed.

Compensating Wage Differential

Additional wages paid to workers to compensate them for undesirable job characteristics, such as poor working conditions or long hours.

Unfavorable Conditions

Circumstances that are not conducive to success or are disadvantageous to achieving goals.

Wage

The fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee.

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