Examlex
The major advantage of mediation over arbitration is that it always results in a settlement.
Promoters
Individuals or companies that undertake the preliminary activities of organizing or setting up a new business or venture.
Preincorporation Contract
An agreement made by the promoters of a company before it is legally incorporated.
Liable
Having legal responsibility or obligation.
Articles of Incorporation
A document filed with a state government to legally document the creation of a corporation.
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