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How to own property can differ from state to state. Also, corporations and securities companies can have their own restrictions. For example, I know of a bank that creates all joint accounts as having survivorship rights, they do not create tenants in common. Caveats aside, yes, people can generally own stock together jointly.

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Q: Can two people jointly own stock?
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What is the difference between sole proprietorship partnership joint stock company?

A sole proprietorship is owned and ran by one person, a joint partnership is owned and ran by two or more people equally, and a stock company is owned by stockholders and ran by a CEO.


What is the difference between the stock transfer between two plants belonging to same company code and those belonging to different company code?

stock transfer btw two plants under same comp code is when you are debting stock from one SLoc to another... but under diff company code you are tranfering inventory and liability from one company to another and this is where company has to pay taxes accordingly!!!


Does BP own Shell?

No, they are two completely separate and competing oil companies.


When a company acquires the assets of another does that include the stock as well?

I all depends upon the purchase contract which spells out the agreement between the two companies. In a strictly asset sale, the acquiring company will purchase some or all of the assets within a corporation, leaving the remaining assets in the original corporation. If there are no assets left, then the corporation is essentially a shell with no assets. In a strictly stock sale, the acquiring company will purchase some or all of the stock of the corporation. If a large company sells a division, the assets are usually sold to the buyer and no stock is transferred. If the acquiring company wants to run the purchased business in a separate entity, they may elect to purchase all of the stock. Typically buyers want to sell the stock of a corporation, and sellers want to purchase the assets for past legal liability reasons.


What is a business owned by two or more people?

partnership

Related questions

What is the stock split?

When a stock splits, one stock becomes two. People that own the stock can see the value of their stock for the company double.


What is stock splitting?

When a stock splits, one stock becomes two. People that own the stock can see the value of their stock for the company double.


If two people own a house and one person wants to sell it how do you do that?

if two people jointly own property and one of these people offers to sale or buy the property from the other how long is that offer good for?


A firm jointly owned and run by two or more people who share all profits and losses is a?

A firm jointly owned and run by two or more people who share profits and losses is a partnership.


When two people get married do they have to file taxes jointly?

no you can file seperately.


Can Memorandum of Association be subscribed jointly by two persons?

yes, MOA can sing. by two or many people jointly..its depands on how many peoples founded the company or business.


If 2 people own a house and 1 dies and wills it to someone does the survivor own the house or do the survivor and the person it was willed to own it jointly?

well by the willful law of 1655 the survivor would own the house based on the fact that he would be very sad that the person has died ___ The situation depends on how the property is jointly owned and on the country or state. For example, in England there are two different kinds of 'joint ownership'.


What does inseparable?

Inseparably is in regard to two or more people who do things jointly and together, not separately.


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Do you have to file together in filing married filing jointly?

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If a husband dies first can a trust be left dictating what happens to property jointly owned?

If two people own property jointly the sole ownership automatically passes to the surviving joint owner upon the death of the other. Neither can change that operation of law by their will or by a trust. The surviving owner can devise the property in THEIR will or transfer it to a trust.


What does inseparably mean?

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