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Limited Liability Company
A business structure that combines the pass-through taxation of a partnership with the limited liability of a corporation.
Hold Title
The legal right of owning a piece of property, whether it's real estate or a vehicle, indicated by a document called a title.
Joint Stock Company
A hybrid form of business organization that combines characteristics of a corporation and a partnership. Usually, a joint stock company is regarded as a partnership for tax and other legal purposes.
Shareholders
Individuals or entities that own shares in a corporation, granting them various rights such as voting on corporate matters.
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