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NO
Yes. Headquartered (still) right outside of Philadelphia, in Ardmore, PA.
A corporation has limited liability protection, and are typically not personally responsible for business debts. A corporation can live forever, even if an owner dies or sells interest, the corporation can still exist.
Smithway Motor Express Company was purchased by a merger with Western Express of Nahsville, TN.
Investors only risk losing the money they themselves put into a company.When a person owns and manages a business by himself (sole proprietorship), he is liable to pay for the company's losses with his own capital and assets. If he takes the company public (corporation) and allows shares to be bought by investors, he is only limited to lose capital from the business while his personal assets remain protected. The other advantage is that in a corporation, the company will still exist if one or more owners or executives pass away and will not be affected financially.BUSINESS ADVANTAGES OF ORGANIZING A BUSINESS AS A CORPORATION1 - People who establish a corporation have a ready access to major sources of loans and advances e.g. banks and financial institutions.2 - A corporation can issue its shares to public to expand its business whereas partnership and proprietorship cannot issue shares.3 - Since a corporation employs a large number and variety of people having different expertise, it can expand and develop its business more efficiently and effectively than any other mode of business.4 - In case of a manufacturing corporation, it can purchase raw materials on short term as well as long term credit as suppliers place a significant reliance on corporations regarding their payments.5 - Corporations can purchase bulk supplies of required materials and supplies at cheaper rates.
NO
Yes. In this state a corporation still has to pay a fee even if it did no business. It does not have to pay corporate income tax.
Yes.
Yes. Headquartered (still) right outside of Philadelphia, in Ardmore, PA.
A corporation has limited liability protection, and are typically not personally responsible for business debts. A corporation can live forever, even if an owner dies or sells interest, the corporation can still exist.
yes
no the person should not be able to be a part of that business because they did not do what they were expected to do in stateing they veiw in the agreement
When the Agile Software Corporation was still trading it was based in California. The business premises were in the town of San Jose. It was taken over by Oracle in 2007.
chinerywent out of business when New Jeresey sued them for environmental damages. They were part of KVAERNER US Corporation last I heard but are closed for sure.
Smithway Motor Express Company was purchased by a merger with Western Express of Nahsville, TN.
The Saturn Corporation is not in business. That company was part of the G.M. portfolio and was let go in bankruptcy. The birth place of the Saturn was Spring Hill Tenn. it has not produced a Saturn since 2007. The plant is still open but only employees about 900 people. They produce products for G.M. vehicles but are not Saturn employees anymore. Rob
The stock could go back up as long as the company is still in business, or is sold or bought by a another business or corporation, otherwise no.