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Business Law - Coggle Diagram
Business Law
Corporations
Formation
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corporate entity begins when the articles of incorporation are filed at the state secretary of state's office
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federal securities law
infrequently comes up, but need to know available causes of action
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Partnership
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Winding up/termination
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winding up: reducing the partnership assets to cash and then distributing them to the entitle entities
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Agency
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Definition
One person, a principal assents to another person, an agent, to act on the principal's behalf; the agent must also assent to the act