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A statutory corporation provides its shareholders with limited liability, meaning their personal assets are protected from the corporation's debts and liabilities. Shareholders typically receive the potential for dividends, which are distributions of profits, and may have voting rights to influence corporate decisions, depending on the structure of the corporation. Additionally, statutory corporations can offer a more formalized and regulated framework for governance and operations, enhancing credibility and stability.
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What is the relationship between shareholders with company or corporation?
Shareholders are the people who invest from in the corporation by buying stock.
What are the main reasons why corporation is separated from its owners?
The separation provides protection to the shareholders in the event corporation's liquidation. The shareholders are not liable more than the worth of their investments in the corporation.
A company that is owned by a group of people called shareholders is a?
corporation
What is a company that is owned by shareholders called?
A corporation
What are the people who own a corporation called?
The shareholders.
What statement about corporations is not true?
their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts kking kkilla Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts
Who appoints the statutory auditors for a company?
shareholders
What is the relationship between shareholders with company or corporation?
Shareholders are the people who invest from in the corporation by buying stock.
What is the group of people who own a corporation called?
Shareholders.
Does a LLC have shareholders?
No LLC's do not have shareholders like corporations. LLC's have members which are similar to shareholders in a corporation.
Who pays taxes within an S corporation?
Corporation Shareholders
Who pays the taxes within an S corporation?
Corporation Shareholders
Who represents the principals of a corporation?
shareholders
What are the main reasons why corporation is separated from its owners?
The separation provides protection to the shareholders in the event corporation's liquidation. The shareholders are not liable more than the worth of their investments in the corporation.
What are the owners of a corporation called?
The owners of a corporation are called the CEO.
A company that is owned by a group of people called shareholders is a?
corporation
What corporation holds Disney stocks?
The shareholders
