Examlex
Unit banking states are states that do not allow interstate branch banking but allow the creation of intrastate branch banks.
Partnerships
A business organization in which two or more individuals own and operate the business together, sharing in profits and liabilities.
Corporations
Legal entities that are separate from their owners, with the ability to own property, incur liabilities, and sell stock.
Corporation
A business firm that is a legal person. Its chief advantage is that each owner’s liability is limited to the amount of money he or she invested in the company.
Stockholders
Individuals or entities that own shares in a corporation, possessing ownership interests and rights to dividends.
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