Identify the Advantages to a Business Person of Maintaining an Ongoing

question 38

Essay

Identify the advantages to a business person of maintaining an ongoing relationship with a lawyer.

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Definitions:

Equity

The value that would be returned to a company’s shareholders if all of the assets were liquidated and all of the company's debts were paid off.

Stockholders

Stockholders, also known as shareholders, are individuals or entities that own one or more shares of stock in a public or private corporation, giving them ownership interests.

Equity

The worth of an owner's stake in a business or property, determined by deducting debts from the total assets.

Assets

Resources owned or controlled by a business, expected to produce future economic benefits.