Examlex
When it is said that a service can not be separated form the provider, a service's quality can only be as good as that of the provider him/herself, the service is said to have __________.
Domestic Corporation
A corporation is deemed a domestic corporation in the state that has granted its charter. If the corporation does business in other states, it is considered a foreign corporation in the other states.
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.
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