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Stockholders
Yes
preferred stockIt is common stock not preferred stock
If they hire them.
NONE!
corporation
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).
corporation
Corporation
A business with many owners with each owning shares of the firm is called a corporation. Corporations can be a profit or not for profit business.
Businesses operate to make money. A business can be a proprietorship, partnership or a corporation. The structure of the business is determined by the owners.
no
Sole proprietors get to make all of the business decisions themselves.
Sole proprietors get to make all of the business decisions themselves.
Typically, the owners of a corporation are the stockholders.
Yes, it is a noun. A corporation is a business that has been incorporated or "given a body" (made into a separate legal entity from its owners); a word for a thing.
From a tax standpoint, there are some benefits for a small business to form a corporation, of course there are different forms of corporations and the benefits differ. The primary reason and benefit in forming a corporation is the limited liability involved. A corporation is like an individual taxpayer or person in that if the corporation is sued from some reason and don't have enough insurance to cover the loss, the suit cannot generally take the assets of the business owners except for the value of their ownership in the business. A business owners home and family are protected from attachment due to this issue. They may loose their business but not everything in their life.