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A corporation shields one from personal liability. A corporation can keep ownership confidential. A corporation may have income tax advantages.
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∙ 14y ago
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Examples of a corporation?
general corporation Close corporation Limited Liability Corporation
What is corporation in a sentence?
A corporation is a legal entity separate from its owners that is formed to conduct business activities, with ownership being held by shareholders who have limited liability for the company's debts and obligations.
What is a Delaware corporation?
A Delaware corporation would be a corporation that is incorporated in the state of Delaware.
When a corporation receives a dividend from another corporation how is it taxed?
Dividends are income to the receiving corporation. If it is a sub-chapter S corporation, it is income to the shareholders, as is any other income of the corporation.
Who are the creditors of a corporation?
Bondholders are creditors of a corporation; they have loaned the corporation money and received bonds as evidence of the corporation's. Stockholders, both common and preferred, are owners of a corporation. (STOCKHOLDERS ARE NOT THE CREDITOR)
Who is responsible for the debt of a corporation?
the corporation
Is UFC a Corporation?
Yes. It is a corporation
Is Nike a corporation or franchise?
corporation
Who is responsible for a corporation debt?
the corporation
What is the difference between a public corporation a private corporation and a crown corporation?
"Public Corporation" can refer to a corporation that offers shares on the public market, or it can refer to a corporation that is owned by the government. Similarly, "Private Corporation" can refer to any corporation that is not government owned, or a corporation that does not list its shares on public share markets. A "crown corporation" is one that is owned by the government. This term is more widely used in UK, some Commonwealth countries and other monarchies.
Who are the main creditors of a corporation?
Bondholders are creditors of a corporation; they have loaned the corporation money and received bonds as evidence of the corporation's. Stockholders, both common and preferred, are owners of a corporation. (STOCKHOLDERS ARE NOT THE CREDITOR)
What type of corporation replaced trust?
The corporation that replaced Trust is the Resolution Trust Corporation.
