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Response to marybourg (Reply #9)

Tue Feb 20, 2018, 05:56 PM

10. That's what they say.

I've just never seen it spelled out like that.

corporation

The most common form of business organization, and one which is chartered by a state and given many legal rights as an entity separate from its owners. This form of business is characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern. The process of becoming a corporation, call incorporation, gives the company separate legal standing from its owners and protects those owners from being personally liable in the event that the company is sued (a condition known as limited liability).

Incorporation also provides companies with a more flexible way to manage their ownership structure. In addition, there are different tax implications for corporations, although these can be both advantageous and disadvantageous. In these respects, corporations differ from sole proprietorships and limited partnerships.


Read more: http://www.investorwords.com/1140/corporation.html#ixzz57gi8Tm4K

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yallerdawg Feb 2018 OP
InAbLuEsTaTe Feb 2018 #1
Wellstone ruled Feb 2018 #2
yallerdawg Feb 2018 #3
marybourg Feb 2018 #9
LineLineLineLineNew Reply That's what they say.
yallerdawg Feb 2018 #10
marybourg Feb 2018 #12
yallerdawg Feb 2018 #13
marybourg Feb 2018 #14
yallerdawg Feb 2018 #16
Wellstone ruled Feb 2018 #18
hfojvt Feb 2018 #4
yallerdawg Feb 2018 #6
LanternWaste Feb 2018 #8
sheshe2 Feb 2018 #5
yallerdawg Feb 2018 #7
sheshe2 Feb 2018 #11
yallerdawg Feb 2018 #15
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