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Legal Aspects of Business: Ch 25 & 26

Across
Distributions of profits earned by the corporation
Individuals who forms a corporation by bringing together interested parties and taking preliminary steps
An association of two or more persons to carry on, as co-owners, a business for profit
When one corporation absorbs the other
A business owned by one person
Rules and regulations for the internal management of its affairs
Occurs when all of the business assets are sold, all debts are paid, and the corporate existence is ended
Down
Responsible for providing general guidance for the corporation
Also called a stockholder; a person who owns one or more shares of stock
When two corporations cease to exist and a new corporation is formed
A legal entity that is treated as an artificial person by the law
A shareholder who does not wish to attend meetings can still vote by _______