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Business Many businesses are operated through a separate entity such as a corporation or a partnership (either fashioned with or without limited legal responsibility). Most authorized jurisdictions enable people to prepare such an entity by submitting sure charter documents with the related Secretary of State or equivalent and complying with sure different ongoing obligations. The relationships and legal rights of shareholders, restricted partners, or members are ruled partly by the constitution documents and partly by the law of the jurisdiction the place the entity is organized. This signifies that until there is misconduct, the owner's personal possessions are strongly protected…

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