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How is the Internet changing consumer behavior?
Foreign Corporation
A business entity that is registered and operates in a jurisdiction or country different from where it was originally incorporated.
Incorporated
The process by which a business is legally declared a corporate entity, separate from its owners.
Piercing The Veil
A legal concept that allows courts to hold shareholders or members of a corporation personally liable for the corporation's actions or debts under certain circumstances.
Nonprofit Corporation
An organization established for purposes other than making a profit, which typically benefits the public, a specific group of individuals, or the membership of the nonprofit.
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