Examlex
Which of the following was true prior to the landmark 1916 case of MacPherson v.Buick Motor Company?
Professional Corporations
A type of corporate structure specifically designed for licensed professionals, such as doctors, lawyers, and accountants, providing certain tax and legal benefits.
Shareholders
Individuals or entities that own one or more shares of stock in a corporation, making them part owners of the company with certain rights and responsibilities.
Associate Attorneys
Associate attorneys are lawyers who are employed by a law firm or legal office but do not have ownership or partnership status.
Paralegal Manager
An employee in a law firm who is responsible for overseeing the paralegal staff and paralegal professional development.
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