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Incorporation
Incorporation is the act of selling out shares of a company to generate revenue. Questions about incorporating, companies that are or will incorporate, or companies that are already incorporated can be asked here.
1,040 Questions
a company is legally born on the date printed on the certificate of incorporation.
it becomes legal entity'
if the amount of minimum subcription is raised through new issues of shares ;
What does FSO in the following mean Matthews Voice LLC FSO Scott Luth?
FSO means "For (the) Service(s) Of."
What tools do the tobacco companies use to get to young people?
I cannot speak on behalf of the tobacco companies themselves, but one strong accusation by the media/public was the use of Joe the Camel for Camel cigarettes in their packaging and marketing materials.
I know as a child I used to buy bubble gum cigarettes that were packaged just like Marlboro however I have no idea as to the company at that time making and distributing the product.
What is the purpose of the liquidated damages clause in a local purchase order?
Liquidated damages clauses are used when it is difficult to determine the extent of damages that would result from a breach of the contract. Therefore, in the contract (or here, purchase order), the parties agree before hand the exact amount one party would owe the other party if the contract is breached. That way, the parties do not have to fight over the extent of the damages because they "agreed" up front what damages would be necessary to "make the non-breaching party whole" in the event one party breaks the contract.
How do managers satisfy different stakeholders in a business?
Managers satisfy different stakeholders by balancing their diverse interests and needs through effective communication and strategic decision-making. They engage with stakeholders—such as employees, customers, investors, and the community—by soliciting feedback and addressing concerns, ensuring transparency in operations. By aligning business goals with stakeholder expectations and fostering collaboration, managers can create value for all parties involved, ultimately promoting long-term success for the organization. Additionally, incorporating Corporate Social Responsibility (CSR) initiatives can further enhance stakeholder satisfaction.
Causation principle refers to the relation between the cause or an event and the effect or a second event. The second event is the physical result of the first.
How do you change corporation status from C corporation to a S corporation?
The shareholders would make an election by filing a form 2553 with the IRS. For an existing corporation, the form must be filed by March 15 of the year the election is to be effective. The election would then begin from January 1 of the year the election was made.
Word of Caution - there can be adverse tax consequence for the corporation and the shareholders if an election is made without consulting a tax advisor.
How many employees must a non-profit corporation have?
To qualify as a non-profit corporation in the United States, only one employee is necessary. And, that employee can be a volunteer.
documents or witnesses that can verify the evidence or evidence on which reliance can be placed for the decision of the case.
Advantages and disadvantages of parastatals?
A parastatal is an agency or company that is partially or wholly controlled by the government. An advantage is that the company has the entire resources of the nation backing it, so one bad decision that might bankrupt and collapse a private company will not do so with a parastatal.
What is the difference between closed corp and privately held corp?
none, private and closed means the public cant buy stocks from the company ex:Chrysler
