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How were corporations formed and how are they run in the 1900?
They were formed by the state legislature and ran with its feet
What types of corporations exist?
There are various types of corporations, including C corporations, S corporations, nonprofit corporations, and foreign corporations. C corporations are the most common and have no restrictions on the number or type of shareholders. S corporations are more limited in terms of ownership and taxation benefits. Nonprofit corporations are organized for charitable, educational, religious, or other purposes, while foreign corporations are formed in one country but operate in another.
When two corporations cease to exist and a new corporation is formed it is called?
Merger
How many corporations has the Nevada Incorporation formed so far?
As of May 2013, The Nevada Incorporation (a corporation incorporated under Chapter 78 of Nevada Revised Statuses of the US state of Nevada) has formed 20 corporations.
Why do terrorist often oppose multinational corporations?
The corporations represent the spread of American culture. The corporations have influence on foreign governments. The corporations threaten to alter ancient cultures.
Why did farmers form corporations after the Civil War?
Farmers formed corporations after the Civil War as a way to pool their resources and gain more leverage in the marketplace. By forming corporations, farmers could access larger amounts of capital, technology, and resources necessary for agricultural production. Additionally, corporations offered protections against individual liability and provided a platform for collective bargaining.
What is it called when combination of firms or corporations formed by a legal agreement?
A combination of firms or corporations formed by a legal agreement is commonly referred to as a "conglomerate" or "joint venture." These arrangements allow companies to collaborate for mutual benefit, often sharing resources, expertise, or capital to pursue specific business objectives. In some cases, such combinations may also be structured as mergers or acquisitions, depending on the nature of the agreement and the level of integration between the entities.
What day was Microsoft founded?
Bill Gates and several other people formed Microsoft April 4, 1975. Today, it is one of the largest corporations in the world. Bill Gates is often considered to be the richest person in the world.
What effects did conglomerates and the franchise system have on the economy?
Corporations formed huge new conglomerates and franchises and became successful.
What were the effects of the conglomerate and franchises of the 1950's?
Corporations formed huge new conglomerates and franchises and became successful.
Corporate Law?
Corporate law refers to the rules and regulations that guide and bind corporations. It is used when corporations are being formed, managed and eventually sold or otherwise dissolved. Because corporations are entities that must pay taxes and can be sued, corporate law governs these types of actions.
What are TWO ways government corporations are different than private corporations?
Government corporations are established by the government to provide specific services or functions that may not be adequately handled by the private sector, often focusing on public welfare rather than profit. Unlike private corporations, which operate primarily to generate profit for shareholders, government corporations reinvest any surplus back into their services or the community. Additionally, government corporations often have a mandate to serve the public interest and may receive government funding or support, whereas private corporations are entirely reliant on market performance and investor funding.
