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Q: What is corporation and authority?
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What best describes the types of agency authority held by officers of a corporation?

express, implied, and apparent authority


What Act of 1933 created a public corporation that was authorized?

The Tennessee Valley Authority created an authorized public corporation.


What types of authority most suitable for a large public corporation?

the type of authority suitable for a large public corporation is legal authority and this type of authority is bureaucratic in nature,in such an authority loyalty is to the office not to the individual occupying the office.in this of responsibily appointments is base on merits and employees with such responsibily should work according to the laws and rules of the org.


What is a deferred taxes payables?

The taxes which is owed by a corporation in the goverment authority.


What is the difference between an Administrative Officer and Administrative Manager?

An Officer is a person who has authority to bind the corporation. A manager is simply an employee who has supervisory authority over some employees and may or may not be an officer of the corporation.


Which best describes the types of agency authority held by officers of a corporation?

It is implied


Can as s corporation be a partner in a partnership?

It is possible for an s-corporation to be a partner in a partnership. You should check with a legal authority to see if there are any special requirements to affect this status for the s-corporation.


Example of a government corporation is?

TVA (Tennessee Valley Authority) FDIC (Federal Deposit Insurance Corporation) Amtrak (The National Railroad Passenger Corporation) USPS (United States Postal Service)


What is the procedure for an executive for lifting a corporate veil?

Executives don't nessasarilarly have any corporate authority (authority to bind the corp). Officers of the corporation in pursuit of their duties to it do. Anything the executive does personnally, or signs for personally not as an officer of the corporation, doesn't have corporate protection...it is done indivdually. Anything the corporation does for itself has corporate protection.


Where can I get a certificate of authority?

Certificates of Authority only apply to large corporations. In order to get one a corporation must apply to the State goverment in the state they are based in.


Can a creditor freeze your corporate bank account?

I wouldn't think so, because the whole idea of a corporation is that it is a separate entity unto itself. Example: the shareholders/officers of the corporation are not personally liable for the debts of the corporation. Therefore, why would the corporation be liable for the debts of the officers/shareholders?


List of government owned control corporation in the Philippines?

Al-Amanah Islamic Investment Bank of the Philippines (ISLAMIC BANK) * Bangko Sentral ng Pilipinas (BSP) * Bases Conversion Development Authority (BCDA) * Cebu Ports Authority (CPA) * Clark Development Corporation (CDC) * Cottage Industry Technology Center (CITC) * Center for International Trade Expositions and Missions (CITEM) * Cultural Center of the Philippines (CCP) * Development Academy of the Philippines (DAP) * Development Bank of the Philippines (DBP) * DBP Data Center, Inc. (DCI) * Duty Free Philippines * Employees' Compensation Commission (ECC) * Food Terminal Incorporated (FTI) * Government Service Insurance System (GSIS) * Home Development Mutual Fund (Pag-IBIG) * Home Guaranty Corporation (HGC) * Laguna Lake Development Authority (LLDA) * Land Bank of the Philippines (LBP) * Light Rail Transit Autority (LTRA) * Livelihood Corporation (LIVECOR) * Local Water Utilities Administration (LWUA) * Lung Center of the Philippines (LCP) * Mactan-Cebu International Airport Authority (MCIAA) * Manila International Airport Authority (MIAA) * Masaganang Sakahan, Inc. * Metropolitan Waterworks and Sewerage System (MWSS) * National Agribusiness Corporation (NABC) * National Dairy Authority (NDA) * National Development Company (NDC) * NDC Maritime Leasing Corporation (NLMC) * National Electrification Administration (NEA) * National Food Authority (NFA) * National Home Mortgage Finance Corporation (NHMFC) * National Housing Authority (NHA) * National Irrigation Administration (NIA) * National Livelihood Support Fund (NLSF) * National Kidney and Transplant Institute (NKTI) * National Power Corporation (NAPOCOR) * National Tobacco Administration (NTA) * National Transmission Corporation (TRANSCO) * North Luzon Railways Corporation (NorthRail) * Northern Foods Corporation (NFC) * Natural Resources Development Corporation (NRDC) * Occupational Safety and Health Center (OSHC) * Overseas Workers Welfare Administration (OWWA) * People's Credit and Finance Corporation (PCFC) * PEA Tollway Corporation (PEATC) * Philippine Aerospace Development Corporation (PADC) * Philippine Amusement and Gaming Corporation (PAGCOR) * Philippine Center for Economic Development (PCED) * Philippine Charity Sweepstakes Office (PCSO) * Philippine Coconut Authority (PCA) * Philippine Convention and Visitors Corporation (PCVC) * Philippine Crop Insurance Corporation (PCIC) * Philippine Deposit Insurance Corporation (PDIC) * Philippine Economic Zone Authority (PEZA) * Philippine Export-Import Credit Agency (PHILEXIM) * Philippine Health Insurance Corporation (PHILHEALTH) * Philippine Heart Center (PHC) * Philippine International Convention Center (PICC) * Philippine International Trading Corporation (PITC) * Philippine Institute for Development Studies (PIDS) * Philippine Institute of Traditional and Alternative Health Care (PITAHC) * Philippine National Oil Company (PNOC) * PNOC Alternative Fuels Corporation (PNOC AFC) * PNOC Exploration Corporation (PNOC EC) * PNOC Development and Management Corporation (PDMC) * PNOC PNOC Shipping and Transport Corporation (PNOC STC) * Philippine National Railways (PNR) * Philippine Ports Authority (PPA) * Philippine Postal Corporation (PHILPOST) * Philippine Postal Savings Bank, Inc. (PPSB) * Philippine Retirement Authority (***) * Philippine Reclamation Authority (formerly Philippine Estates Authority) * Philippine Rice Research Institute (PRRI) * Poro Point Management Corporation (PPMC) * Power Sector Assets and Liabilities Management Corporation (PSALM) * Philippine Tourism Authority (PTrA) * Quedan Rural Credit and Guarantee Corporation (QUEDANCOR) * Radio Philippine Network, Inc. (RPN) * Small Business Guarantee & Finance Corporation (SBGFC) * Social Housing Finance Corporation (SHFC) * Social Security System (SSS) * Subic Bay Metropolitan Authority (SBMA) * Sugar Regulatory Administration (SRA) * Technology & Livelihood Resource Center (TLRC) * Trade and Investment Development Corporation of the Philippines (TIDCORP) * Zamboanga City Special Economic Zone Authority (Zamboanga Freeport Authority)