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Corporations and Life

If you invest in a publicly-traded corporation, by buying stock in the form of shares or membership units, you are essentially becoming a shareholder. Since the stock marketis volatile, subject to boom and bust cycles, you are placing your money at risk - you may profit, take a great loss or both. Regardless, becoming a shareholder of a corporation will affect your wallet, whether positively or negatively, which in turn will affect your lifestyle, retirement, health, marriage and so on.

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Does limited life apply to corporations?

NO. Request reference to the link indicated. 'The legal "person" status of corporations gives the business perpetual life; deaths of officials or stockholders do not alter the corporation's structure. "


Are cities for profit corporations?

Cities are not profit corporations; they are governmental entities designed to provide services and infrastructure for their residents. While they may generate revenue through taxes, fees, and other means, their primary purpose is to promote the well-being and quality of life for their citizens rather than to generate profit. However, some aspects of city operations, like public-private partnerships, can involve profit-driven entities, but the overall governance and mission of a city differ fundamentally from that of a corporation.


Why bank established as corporation?

Banks are established as corporations because corporation is formed by number of persons who pool in their resources to enter business for profit. The methods of financing available to such type of organization. The sale of stock and bonds can raise a greater amount of capital which is needed to undertake the business with multifarious functions. Banks, which by their very nature, invest into large amounts of capital. Furthermore, loans are given out for long durations and only an entity with a long tenure could be beneficial in such a case. Corporations then meets this test because of its perpetual life.


What are the advantages and disadvantages of the corporation as a form of business organization?

Advanatages: Limited Liability, Ease of transferability, ability to raise capital, unlimited life (perpetual lifetimes) Certain expenses are tax deductible Disadvantages: Double Taxation, Forming a corporation costs more, States have higher fees, more state and federal regulations and oversight


Meaning of life insurance?

the meaning of life insurance is giving a husband or wife a chance to murder the other for the money

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