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A utility company is a profit making corporation. They distribute electricity or other resources for a fee, and the proceeds only benefit investors and employees.

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9y ago
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13y ago

The electric company would have to be a for profit company, they provide a service at a marked up price, making them for profit.

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Q: Would the electric company b most likely be a profit or nonprofit corporation?
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Would the electric company most likely be a profit or nonprofit corporation?

An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.


Where are the headquarters of EMC Corporation located?

The headquarters of EMC Corporation are located in Hopkington, Massachussetts. They have been ther since the company was founded and are not likely to be moved.


If your company declares bankruptcy does this discharge your guaranty?

If the company is a corporation and you personally guaranteed the debt, the corporation's discharge of its debts does not discharge your obligation. If the company is you as a "DBA" then more than likely the discharge of the DBA (doing business as) discharges your personal guarantee.


What should you do if you cannot review your electric bill online?

If you are not able to view your electric bill online, but are supposed to have access to it normally, then most likely the electric company is having issues with their site. In this case, contact the electric company for a statement.


What does pllc mean after dds?

Most likely it means "Professional Limited Liability Company (or Corporation). It tells consumers that the business entity is not a sole proprietorship but rather a type of corporation where the dentist has limited liability for damages.


What animals are getting tested for the Mars company?

Evidence says the Mars Corporation tests its products on rats and mice. The company, in its defense, claims it only tests things that are likely to not hurt the animals.


Reconnect electric meter yourself?

Even if you know how to reconnect it safely, you can probably be charged with theft if you reconnect it without authorization. Whatever the reason it was disconnected, the electric company may want to inspect or test the connected wiring to be sure it is suitable condition to be reconnected. You will not likely be authorized to connect it yourself. Likely only electric company personnel or a licensed electrician would be authorized.


What is the significance of an insurance company demutualizing?

This means that the company is ceaseing to be a mutual company (owned by the policyholders) and is becoming a corporation. For a customer of that company it most likely means that you will no longer receive dividends if you have been receiving them and that your rates will most likely go down slightly. In most cases the company will send you some sort of correspondence throughout the process... which could take years.


Do nonprofit jobs often involve many hours for volunteers?

Nonprofit jobs are almost the same as volunteer jobs. They offer many hours for volunteers. You would most likely need to be a member though for a while.


Is the battery covered in car warranties?

In a nonelectric car no, if it is a electric/electric hybrid car then yes. In a very rare case where the company is in contract with a battery company your replacement might be through the car company yet still would not be considered part of your warranty. The battery its self if new would most likely carry its own replacement warranty.


A corporation is least likely to have which advantage?

establishment of price ceilings


When Dindigul will change to city corporation?

not likely to happen in next decade