De jure corporations are legally incorporated businesses, while de facto corporations do not meet legal requirements. Doing business with a de facto corporation is riskier, so companies verify de jure status. Governments have concise processes for granting charters to de jure corporations, and revocation is possible if laws are not followed. De jure corporations are […]
De jure refers to policies established by law, while de facto refers to practices that are commonly accepted. Discrimination can exist despite de jure laws, and changing laws alone may not change cultural values. De jure government is legal and with consent, while de facto is by force. De jure segregation is legal segregation, as […]
