Corporation
State a business formed to manufacture or supply product for a profit
A business owned by stockholders is known as a _corporation_.
Any business that is owned by its stockholders is said to be a corporation.
A business owned by stockholders is called a corporation. In a corporation, ownership is divided into shares of stock, which can be bought and sold. Stockholders, or shareholders, have a claim on the corporation's assets and earnings, typically proportionate to their ownership stake. Corporations can be either publicly traded, with shares listed on stock exchanges, or privately held.
A corporation.
it is called a corporation.
State a business formed to manufacture or supply product for a profit
Stockholders
A business owned by stockholders is known as a _corporation_.
The stockholders elect a board of directors to act on their behalf.The board hires managers to run the corporation on a daily basis. The stockholders become partial owners of the corporation.The corporation uses the money received from selling the stock to set up and run the business.
Any business that is owned by its stockholders is said to be a corporation.
A business owned by stockholders is called a corporation. In a corporation, ownership is divided into shares of stock, which can be bought and sold. Stockholders, or shareholders, have a claim on the corporation's assets and earnings, typically proportionate to their ownership stake. Corporations can be either publicly traded, with shares listed on stock exchanges, or privately held.
A business that is owned by investors who are also known as stockholders, is a corporation.
A business run by two or more people without stockholders is typically referred to as a partnership. In a partnership, the owners, known as partners, share the responsibilities, profits, and liabilities of the business. This structure allows for more flexibility and personal involvement in decision-making compared to corporations, which have stockholders. Partnerships can take various forms, such as general partnerships or limited partnerships, depending on the level of liability and involvement of each partner.
Individuals who invest in a business by buying shares of stock are called stockholders or shareholders.
Corporation.
A corporation.