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What terms best describes the fact that the existence of a corporation can be never ending -stock market -corporate exchange -perpetual life -legal obligation?
The term that best describes the fact that the existence of a corporation can be never-ending is "perpetual life." This concept indicates that a corporation continues to exist independently of the changes in ownership or the lifespan of its shareholders. It allows for the continuous operation of the business, even as individuals come and go.
What term best describes the fact that the existence of a corporation can be never-ending?
The best term is probably "fallacy".
Features of corporation?
There are many features / benefits of a corporation including, but not necessarily limited to: 1. A corporation is a legal entity. 2. Tax advantages, especially in states where there is no corporate income tax. 3. Multiple owners. 4. Limited liability. 5. Perpetual existence. 6. (Possibly) easier to raise capital by selling shares of stock.
When did the European union come to an end?
The European Union is still in existence and working reasonably well for most of the countries involved.
Who are the main creditors of a corporation?
Bondholders are creditors of a corporation; they have loaned the corporation money and received bonds as evidence of the corporation's. Stockholders, both common and preferred, are owners of a corporation. (STOCKHOLDERS ARE NOT THE CREDITOR)
How do multinational corporation come into existence?
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What is dissolution in a corporation?
A dissolution of a corporation is a formal action taken to official dissolve, or end the existence of, a corporation.
What are the differences between a government corporation and a private Corporation?
A private corporation continues in existence until its own owners--that is, its shareholders, who are private citizens--decide to terminate the corporation. A government corporation continues in existence until Congress decides to kill it off by repealing the legislation that created it.
What are the major differences between a government corporation and private corporation?
A private corporation continues in existence until its own owners--that is, its shareholders, who are private citizens--decide to terminate the corporation. A government corporation continues in existence until Congress decides to kill it off by repealing the legislation that created it.
What are the major differences between government corporation and a private corporation?
A private corporation continues in existence until its own owners--that is, its shareholders, who are private citizens--decide to terminate the corporation. A government corporation continues in existence until Congress decides to kill it off by repealing the legislation that created it.
What terms best describes the fact that the existence of a corporation can be never-ending?
The term that best describes the fact that the existence of a corporation can be never-ending is "perpetual existence." This means that a corporation can continue to exist indefinitely, regardless of changes in ownership or management. Perpetual existence is a key advantage of incorporating as it provides stability and continuity for the business.
When did Melville Corporation end?
The Melville Corporation was sold to CVS Corporation in 1996, effectively ending its existence as a separate entity.
What is the legal document that grants recognition to a corporation by state?
A charter is a written document filed with the state that details the major components of a corporation. When the charter is approved the corporation achieves legal existence.
What is legal document that grants recognition to a corporation by state?
A charter is a written document filed with the state that details the major components of a corporation. When the charter is approved the corporation achieves legal existence.
When did s-corporations come into existence?
S-corporations were introduced in 1958 through the Small Business Investment Act. They are a specific type of corporation that allows for pass-through taxation, similar to partnerships.
When did Iran come in to existence?
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What is Andersen Corporation's motto?
Andersen Corporation's motto is 'Come home to Andersen'.
