Examlex
A reasonable level of assurance is the highest level of assurance that an auditor can provide.
Government Regulation
The laws, rules, and guidelines established by governmental bodies intended to control or manage specific activities or industries.
Legal Entity
An organization that has legal rights and obligations, including the ability to enter into contracts, sue, and be sued; can be a corporation, partnership, individual, or any other formal entity.
Authorized Shares
The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.
Articles of Incorporation
The legal documents filed with a state government to officially start a corporation, outlining basic details like the corporation's name, purpose, and stock information.
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