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Can a corporate CEO legally refuse to answer a question that will incriminate the corporation?
Wiki User
∙ 12y ago
No, because a corporation does not have the Constitutional right to avoid self-incrimination.
Wiki User
∙ 12y ago
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What does 'bind the corporation' mean?
Legally sign documents as a corporate officer
What is the difference between a corporation and being incorporated?
A corporation is a business that has been legally incorporated. Being incorporated is signified by the initials Inc. after a business or after the name of a person who has incorporated themseves as a corporate business.
What is corporate and non-corporate form of business?
A corporation is an artificial person, legally independent of its owners and/or operators. The owners of a corporation are its shareholders.A business that is not a corporation legally is just its owners and operators, usually in the form of a sole proprietorship or a partnership.If someone sues a corporation that is as far as it can go, they cannot sue either the owners or operators.If someone sues a business that is not a corporation they are automatically suing all the owners and operators.There are now also other options that limit the ability to sue the owners and operators, but are not corporations (e.g. LLC or LLP).
Who grants corporate charters?
Corporate charters are typically granted by a state government, usually through the office of the Secretary of State or a similar department. This charter allows a company to legally operate as a corporation within that specific state.
Can a corporation legally force you to contribute to a charity and can they track how much you give?
First Question - No. Second Question - Yes if it is deducted from your pay.
Represents ownership in a corporation?
Question is vague. If the corporation sells common stock - then the owners are the shareholders of that stock. If the question is asking who LEGALLY represents the ownership/management of the corproration then it would be the Chief Executive Officer, Chariman of The Board, or some similarly-titled individual.
What is a regular corporation?
a Corporation is an entity that legally functions separate and apart from its owners.
Who must approve the charter in order for the corporation to be legally established?
Secretary of sate where the corporation is established
Who must approve the charter in order for a corporation to be legally established?
Secretary of sate where the corporation is established
What is a de facto directorless corporation?
A de facto director is a person or committee that acts in place of a director in a corporation. The de facto director is legally responsible for the corporation.
For which form of business ownership are the owners of a business legally distinct from the business?
corporation
What are the legal requirements of a corporating business?
At the most very basic lever, you can form a corporation by filing Articles of Incorporation with the appropriate state agency. You then need to adopt bylaws and you will also need shareholders to invest in the corporation and elected a board of directors. The board of directors then elects the officers who run the day-to-day operations. In forming a corporation, specific filings must be made with the State and certain corporate formalities must be maintained in order to preserve the corporate status and limited liability of the corporation. There are important tax and legal questions and should only be answered by qualified professionals.
