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One of the main advantages of a corporation is that it is separate from its owners. Corporations also have the advantage of being able to exist if one or more owners quit or pass away. Corporations also have limited liability protection.
There is no company titled CCJ mortgages. CCJ stands for County Court Judgement. You can get a loan with a CCJ for a mortgage. This is called a CCJ mortgage. Since no company named CCJ Mortgages exist, there is no information on a founder.
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.
Corporation... A+
A corporation will out live its founder and any shareholders as long as it's financially sound. A sole proprietorship dies with the owner and an LLC can not outlive its members.
A business organization that is most likely to exist after the death of the founder is a corporation. Unlike other types of business structures, such as sole proprietorship or partnership, corporations have a separate legal entity that can exist beyond the lifetime of its owners. This allows for the seamless transfer of ownership and continuity of business operations. Additionally, corporations can also raise capital through the sale of stocks, further ensuring their longevity.
A sustainable one
they are soletrader businesses which involes in unlimited liabilites and it involes in only one person when the founder dies the business also declines.
what agency relationship exists in a corporation?
No
It depends on the context. Generally, it simply means that something, while not technically created, is still treated as if it had been created. For example, a corporation may exist in some states even though the proper paperwork hasn't been filed yet. If the founder of the corporation is acting as if the corporation exists, opening accounts, signing contracts in the corporation's name, the corporation may, under the state's laws, be treated as existing before the paperwork is filed.
This company exist also now.
thavin
yes
Four original copies exist.