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How many directors are required for a corporation to operate effectively?

A corporation typically requires a minimum of one director to operate effectively.


Can you Use corporation in a sentence?

The Bank of America is a corporation that acts as a bank for many people.


Who has control in an s corporation?

The shareholders hjave the ultimate power and the officers operate the corporation.


Can a corporation operate without a bank account?

No definitely not.


In business what is a 'close' corporation?

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.


Is a law firm a corporation?

Usually a law firm will operate as a professional corporation. They may also work as a partnership.


Author of this site?

answers corporation and many other people.


How many people work for westfield?

Westfield Corporation employs over 3,000 people.


What is a chartered corporation?

A license granted by the state that gives the business the right to operate.


What is it called when a number of people share the ownership of a businss?

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.


Why does corporation need capital?

because in order to start up, operate, and expand its business.


Where and when was the Autonomy Corporation founded?

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.