0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
The difference between an incorporator and a corporator?
tytryrtr5yrty
What is the difference between corporator and incorporator?
A corporator is member of a corporation. An incorporator is one of a group of people who gets a company incorporated; one of the original corporators.
Can a corporation can be a incorporator in another corporation?
Corporation, how organized:Philippine corporate entities are organized as follows:[a]Number of incorporators:xxx[b] Residency requirement:xxx[c] Qualifications:All incorporators:[1] must be natural persons[2] must be of legal ageA corporation or a partnership cannot be incorporators of a Philippine corporate entity. The only way a corporation or a partnership may become stockholder of a Philippine corporation is by acquiring a stock thereof but only after it shall have been duly incorporated.cralaw
Can a corporation be an incorporator in another corporation?
Corporation, how organized:Philippine corporate entities are organized as follows:[a]Number of incorporators:xxx[b] Residency requirement:xxx[c] Qualifications:All incorporators:[1] must be natural persons[2] must be of legal ageA corporation or a partnership cannot be incorporators of a Philippine corporate entity. The only way a corporation or a partnership may become stockholder of a Philippine corporation is by acquiring a stock thereof but only after it shall have been duly incorporated.cralaw
What are the rights of a partnership?
All partnership rights are detailed in the partnership agreement.
How many types of partnership possible?
4 types -general partnership -limited partnership -master limited partnership -limited liability partnership
Is this true or false The 3 types of partnerships are general partnership unlimited partnership and unlimited liability partnership?
The ones I'm aware of (In the US) are General Partnership, Limited Partnership (LP), Limited Liability Partnership (LLP), and Limited Liability Limited Partnership (LLLP)
What are the characteristics of a partnership?
If the partnership is a general partnership, all partners assume unlimited liability. However, if the partnership is a limited partnership, one or more of the partners assumes unlimited liability
How do you abbreviate the word partnership?
partnership
What are the characteristics of a business partnership?
If the partnership is a general partnership, all partners assume unlimited liability. However, if the partnership is a limited partnership, one or more of the partners assumes unlimited liability
What document clarifies how partners will share profits and losses?
That would be a partnership agreement.That would be a partnership agreement.That would be a partnership agreement.That would be a partnership agreement.
Can a partnership have directors?
Where a corporation is a partner in a partnership, the corporation's directors can have an indirect effect on the partnership.
