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controls an industry
It basically means that for certain legal purposes, a corporation is similar to a person. For example, a corporation can own property, and have certain responsibilities.
It basically means that for certain legal purposes, a corporation is similar to a person. For example, a corporation can own property, and have certain responsibilities.
A Corporation exists just as an artificial being which has certain rights bestowed by law.
A common stock gives the investor part ownership in the corporation, right to a percentage of the company's future profits and voting rights at the annual stockholders' meeting. With preferred stock the holder does not have voting rights in the corporation. The holder however, are guaranteed a certain amount of dividend each year.
Because corporations consists of people or entities that have a huge impact in a certain industry. It is like teaming up together with other business people and forming your partnership through a company that will all feed your interests and goals in business and in the industry - that is where corporation starts.
it becomes solid.
A corporation
A business that is recognized by a single state and is given certain rights
a company that is recognized by the state as a person and is given certain rights
A business that is recognized by a single state and is given certain rights
if your car is a certain age it becomes an antique vehicle and you get free road tax! if your car is a certain age it becomes an antique vehicle and you get free road tax!