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What is it called when a number of people share the ownership of a businss?

When a number of people share the ownership of a business, it is called a partnership or a corporation, depending on the structure. In a partnership, two or more individuals manage and operate the business together, sharing profits and responsibilities. In a corporation, ownership is represented by shares, which can be held by many shareholders. Both structures allow for shared ownership and collaboration in managing the business.


What imparts ownership in a corporation?

Ownership in a corporation is typically imparted through the ownership of shares of stock in the company. Shareholders own a portion of the corporation proportional to the number of shares they hold.


How many people own a corporation?

Most corporations can be owned by any number of people. Ownership in a corporation is represented by shares of stock. Each "share" represents an equal portion of ownership, and can be owned by a single person, more than one partners, or even another corporation. A special kind of corporation, called a Subchapter-S Corporation, receives certain tax benefits but cannot have more than 75 individual owners at a time.


A share of ownership in a corporation?

stock


What is a share in the ownership of a corporation?

A stock.


What is the ownership of a corporation?

It is owned by stockholders.


Which of the following devices imparts ownership in a corporation Stock Bond Savings account US Treasury Bill?

Stock imparts ownership in a corporation.


An ownership position in a corporation and represents a claim in the corporation's assets and profits?

Stockholder.


What form of ownership is Ford motor company c corporation s corporation or llc?

s corporation


How is ownership transferred in a corporation?

By the transfer of equity.


What is a written legal document that defines ownership and operating procedures and conditions for a corporation?

The articles of incorporation defines ownership and operating procedures and conditions for a corporation


Why to have corporation?

A corporation shields one from personal liability. A corporation can keep ownership confidential. A corporation may have income tax advantages.