| A | B |
|---|
| alien | a corporation chartered in another nation doing business in the state. |
| articles of incorporation | application form from the secretary of state’s office filed for incorporating a business. |
| articles of partnership | a partnership agreement usually express (may be written or oral) |
| common stock | basic form of corporate ownership payable to shareholders as dividends at par or no-par value. |
| corporation | a legal entity that is treated as an artificial person by the law. with limited liability of owners.. |
| corporation by estoppel | courts will not allow denial of existence of a corporation when a situation of some party’s willingness to treat a person as a corporation occurs. |
| de facto corporation | does not exist in law but exists in fact. |
| de jure corporation | lawfully exists after all formalities have been completed |
| dissolution | change in the relationship of the owners that occurs when one owner stops being associated with the business. |
| dividend | profit paid through common stock to the shareholders, based on the corporation’s performance. |
| domestic | a corporation chartered in a particular state. |
