minimum 10 people
A corporation typically requires a minimum of one director to operate effectively.
The Bank of America is a corporation that acts as a bank for many people.
The shareholders hjave the ultimate power and the officers operate the corporation.
No definitely not.
A "Close Corporation" is generally a smaller corporation that elects close corporation status and is entitled to operate without strict formalities. It has more of a relaxed environment.
Usually a law firm will operate as a professional corporation. They may also work as a partnership.
answers corporation and many other people.
Westfield Corporation employs over 3,000 people.
A license granted by the state that gives the business the right to operate.
When a number of people share the ownership of a business, it is called a partnership or a corporation, depending on the structure. In a partnership, two or more individuals manage and operate the business together, sharing profits and responsibilities. In a corporation, ownership is represented by shares, which can be held by many shareholders. Both structures allow for shared ownership and collaboration in managing the business.
because in order to start up, operate, and expand its business.
The Autonomy Corporation was founded in Cambridge, in the United kingdom in 1996. As a subsidiary of Hewlett-Packard, they operate as a multinational software company.