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1 William D. Bagley & Phillip P. Whynott, The Limited Liability Company, §2.10, (2d ed. second rev. James Publishing, 1995). A corporation is a authorized particular person with the characteristics of limited legal responsibility, centralization of administration, perpetual period, and ease of transferability of ownership Spectrum Business interests. Choosing one of the best administration structure in your company is a choice you make with the advice of an legal professional.
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