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Open corporations, also known as publicly traded companies, are those whose shares are traded on public stock exchanges. Examples include major companies like Apple Inc., Microsoft Corporation, and Amazon.com, Inc. These corporations are required to disclose financial information to the public and are governed by regulatory bodies, ensuring transparency and accountability to shareholders.

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2mo ago

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What are the examples of non stock corporation in the Philippines?

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What is a small batch corporation?

A small batch corporation is a corporation that produce goods and services in a low volume. Examples would include restaurants or medical offices (doctors, dentists, vets)


How does a close corporation differ from an open corporation?

A close corporation, also known as a privately held corporation, has a limited number of shareholders and is not publicly traded, meaning its shares are often owned by a small group of individuals, such as family members or friends. In contrast, an open corporation, or publicly traded corporation, offers its shares to the public on stock exchanges, allowing for a larger number of shareholders and greater liquidity. Additionally, close corporations often have fewer regulatory requirements and more flexibility in management compared to open corporations, which must adhere to strict reporting and governance standards.


Proprietorships holding companies trust and pools are examples of this type of business organizations?

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What is the difference between An open corporation and a closed corporation?

An open corporation, also known as a public corporation, allows its shares to be traded publicly on stock exchanges, enabling anyone to buy or sell shares. In contrast, a closed corporation, or private corporation, does not offer its shares to the general public and typically has a limited number of shareholders, often consisting of family members or a small group of investors. This distinction affects their regulatory requirements, reporting obligations, and the level of public scrutiny they face.