Examlex
Which of the following is the correct sequence for the heading for ABC Company's 2013 balance sheet?
Corporations
Are legal entities that can enter into contracts and own property. They are taxed at a lower rate than individuals are and their owners are normally not liable for the corporation’s debt or any harm it may cause the public.
Crimes
Acts or omissions that violate laws and are punishable by the state or other authority.
Convicted
The formal declaration that someone is guilty of a criminal offense, made by the verdict of a jury or the decision of a judge.
Gang Members
Individuals who are part of an organized group known for committing criminal activities and occupying certain territories or social spaces.
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