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LOUISIANA STATE BAR EXAMINATION BUSINESS ENTITIES AND NEGOTIABLE INSTRUMENTS JULY 2017 QUESTION 1 30 POINTS The following facts apply to Questions 1.1. To 1.4. Acme Corporation is a properly formed
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Business entities are legal entities formed to engage in business activities, while negotiable refers to items that can be transferred from one party to another.
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Information such as name, address, type of entity, and value of the negotiable item must be reported on business entities and negotiable.
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