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Closed Corporation

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Drew Tremblay

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Q: What is a Business organization owned by a limited number of stockholders?
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A is owned by a limited number of stockholders?

v


Which of these is owned by a limited number of stockholders?

closed corporation


What type of business organization can act as a legal person regardless of the number of the number of owners with liabity limited to the investment?

A corporation


Owned by a limited number of stockholders?

A close corporation is owned by a relatively small number of stockholders. Also called a privately held company, stock is not offered for sale to the general public.


What type of business organization gives authority to a number of managers to run their own departments?

Limited Liability Companies


What is a contact phone number for the Business Professionals of American organization?

The contact phone number for the Business Professionals of America organization is 800-334-2007. One can also contact this organization though their official website.


What does accounting do?

Accounts is the language of business. It records and processes the business transactions and generates useful information for the managers and stockholders. Reference: http://www.gripaccounting.com/financial-accounting/introduction/


Stock dividend is increased on stockholders equity?

Well stock dividend increases the number of shares but the total value of investment in business remains the same.


Are the accountability of the ordinary shareholder limited to a number of shares he or she holds in a business?

yes


What is capital charges?

In finance the capital charge is the amount of money shareholders require each year in return for providing financing to a business. It is essentially a theoretical number which is supposed to reflect the return stockholders expect for the amount of risk in the business.


How much tax has to be paid on glasses business?

There are a number of factors involved. The amount includeds but isn't limited to the amount the business brought in.


What is A large business organization that consist of a number of company that deal with a variety of different business or commercial activities?

It's a Conglomerate or Holding company.