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Figure 1-1
-Refer to Figure 1-1. Using the information in the figure above, calculate the percentage change in sales of alcoholic beverages between 2008 and 2011.
Perpetual Existence
A feature of corporations allowing them to continue indefinitely, beyond the lives of their owners or members.
Articles Of Incorporation
Document filed with a state government to legally document the creation of a corporation, outlining key details such as name, purpose, and structure.
Incorporation Document
Official papers filed with a state to legally document the creation of a corporation.
Corporate Charter
A legal document establishing a corporation, outlining its structure, and defining its rights and duties.
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