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A physician is a specialist in obstetrics. Which of the following is true regarding the standard of care expected of this physician?
Professional Corporation Acts
Specific laws enacted to regulate the formation and operation of corporations providing professional services, like legal or medical practices.
Certified Public Accountant
A professional designation given to qualified accountants who have passed a state licensing examination and met additional education and experience requirements.
Incorporate
To form into a legal corporation, which involves registering with the state and creates an entity that is legally separate from its owners.
Incorporation Statutes
Laws that govern the formation, operation, and dissolution of corporations.
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