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The corporations arise because the massive industries needed more expert management

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11y ago

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What types of corporations exist?

There are various types of corporations, including C corporations, S corporations, nonprofit corporations, and foreign corporations. C corporations are the most common and have no restrictions on the number or type of shareholders. S corporations are more limited in terms of ownership and taxation benefits. Nonprofit corporations are organized for charitable, educational, religious, or other purposes, while foreign corporations are formed in one country but operate in another.


Why did the need arise in corporations for independent reviews of accounting?

to verify that the statements accurately presented the financial conditions of the company. Moreover, there was often an expectation that an independent review would discover whether managers were violating their fiduciary duties


What is the future tense of arise?

Will arise (for example, I will arise).


Why do terrorist often oppose multinational corporations?

The corporations represent the spread of American culture. The corporations have influence on foreign governments. The corporations threaten to alter ancient cultures.


What is the bureau of corporations?

the bureau of corporations had the authority to investigate corporations and issue reports on their activities


What is contingent liability insurance?

Liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the corporations or partnerships are responsible. This particular situation may arise when an independent contractor is hired. The business can be held liable for negligent acts of the contractor to the extent that its representatives give directions or exercise control over the contractor's employees.


Corporations issue convertible debt for two main reasons One is the desire to raise equity capital that assuming conversion will arise when the original debt is converted The other is?

to obtain common stock financing at cheaper or lower rates


Which is an advantage of corporations over strong partnerships?

Corporations can last longer. Corporations have limited liability.


Why are agreement corporations called agreement corporations?

Agreement corporations are so named because they must agree to conform to activities permitted to Edge Act corporations.


What do federal courts address?

The Federal Courts deal with issues that arise under federal law, like immigration, corporations, industrial relations, marriage and the like. The High Court also serves as the ultimate appellate court for all courts in Australia.


What type of corporations are those owned by stockholders?

private corporations A+


Which type of corporations are those owned by stockholders?

private corporations