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SayPro 5 Corporate Law – Corporate Law deals with the establishment and operations of corporations and is closely related to the commercial and contract law of a country A corporation is considered a legal entity created under the laws of the state Again the state legislatures in country may vary in this matter and those legislatures regulate the formation association and dissolution of their corporations A business establishment creates a legal or artificial person” or entities that have standing to sue and be sued like any human They can also enter into contracts and accomplish other duties essential to continue a business separate from its stockholders
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