Examlex
All forces have specific directions associated with them.
Limited Liability
A legal structure that limits shareholders' or owners' personal responsibility for a company's debts and liabilities to their investment in the company.
Creditors
Individuals or institutions to whom money is owed by a person or organization.
Stockholders
Individuals or entities that own one or more shares of stock in a corporation, thus having a residual claim on the corporation's assets after liabilities have been paid.
Articles Of Incorporation
The document filed with a governmental body to legally document the creation of a corporation.
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