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A corporation can own itself. There can be just one owner or there can may owners of the corporation.
Executives don't nessasarilarly have any corporate authority (authority to bind the corp). Officers of the corporation in pursuit of their duties to it do. Anything the executive does personnally, or signs for personally not as an officer of the corporation, doesn't have corporate protection...it is done indivdually. Anything the corporation does for itself has corporate protection.
A corporation might repurchase its own stock in order to invest in itself. This allows the company to retain ownership of itself.
CVS Corporation purchased Caremark Rx & renamed itself CVS Caremark.
Sometimes a single stock-holder buys all the stock of a particular corporation, but the corporation itself would not buy all of its own stock and become self-owned, because, after all, a corporation is just a legal structure, there is no actual self. A corporation owned by itself is owned by nobody, and that would be pointless.
No income tax if the corporation also has physical operations in other states
corporation or partnership
Colt is a corporation, it owns itself.
Target Corp is not owned by any individual. It is, itself, a corporation called Target Corporation (January 2000). It was formerly known as the Dayton-Hudson Corporation.
it is a way that a corporation can protect itself against the foreign exchange rates
The correct way to use Xerox in a sentence is to use it to refer to a machine made by the Xerox corporation, or to the Corporation itself, for example:They rented a new Xerox machine from Xerox Corporation.
Yes, Jollibee is a multinational corporation based in the Philippines. It has expanded its operations globally and currently has branches in various countries beyond its home base.