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单词 company law
释义 company law

The law relating to the formation and operation of company. Laws are necessary for the existence of companies, which are artificial persons whose rights and obligations exist only in a legal framework provided by the state. Company law lays down the rights and duties of directors and shareholders, and determines the extent of limited liability for a company's debts, and the amount of information a company is obliged to provide for its shareholders, the Registrar of Companies, and the tax authorities.

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更新时间:2024/9/21 11:07:51