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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
disintegration
Can a pastor ask to sign a blank check?
Limited signers. Access to a church checking account should be limited to a few individuals. Having more than one signer is very helpful when the treasurer is on vacation or unavailable. But church pastors should not be authorized to sign checks. That would be a serious breach of good internal control
Linkages are mechanical systems that connect two or more components, allowing for controlled movement and force transmission between them. They often consist of rods, levers, or joints that facilitate specific motions, such as rotation or translation, depending on their design. By manipulating the lengths and pivot points of the linkages, engineers can create complex movements and mechanisms, such as in robotics or machinery. Essentially, linkages convert input motion into desired output motion through a series of interconnected parts.
Total incorporation v selective incorporation?
The "total incorporation" argument holds that the 14th Amendment makes the individual States subject to the restrictions of the earlier Amendments. ALL of them. So if one of the Amendments in the Bill of Rights forbids Congress from infringing a particular freedom, then the State legislatures can't do so either.
"Selective incorporation" holds that only those Amendments that embody certain "fundamental rights" are applied to the States.
What is meant by no par value shares?
"No Par Value Shares" are a relatively new phenomenon.
It literally means that the shares of stock in a company do not have a "Par Value". Please read this entire response as electing to form a company using "No Par Value" shares can create significant tax issues (assuming you are a start-up planning to raise outside capital, but the issue can exist even if this is not your situation).
Par Value for Stock is an archaic concept. In "olden" days, companies used to issue (sell) shares of common stock at Par Value, a price below which no other shares could be sold (by the company, secondary sales are a different matter). Back when securities markets were not well regulated, this approach was intended to protect the purchaser and provide a simple accounting method as the par value per share times the shares sold was equal to the amount raised, which appeared on the balance sheet as Paid in Capital or Contributed Capital.
Using Par Value can be avoided, but likely should not be. Most states, including Delaware, allow you to form a corporation with "No Par Value" shares, meaning you do not need to assign a Par Value to the stock. It can make the accounting and paperwork a little easier, but we do not recommend going this route because there are potential tax implications (Delaware Franchise Tax for instance), and since Par Value has been used "forever", most legal and accounting materials factor it in already so the idea it can make this stuff easier is debatable. Over time as "No Par Value" becomes more common we expect it will be better to take this approach, but our basic view here is that if it "ain't broke, don't fix it", and Par Value may be archaic, but it ain't broke.
Make sure to consult with a good corporate attorney on this and ask them about the tax issues mentioned above.
No public liability company its ok
What is the difference between corporal and corporeal?
Corporal is mainly related to human body, While Corporeal is related to any material body.
Like Corporeal is the Big Circle While Corporal is a specific reason in this circle which deals with only human body.
Hope it will clear your doubt.
What is the difference between partnerships and companies?
= The Difference Between a Partnership and a Limited Company = The main difference between a partnership and a limited company is that the liability of a company's shareholders is limited to the amount of the unpaid amount on the shares that they own. Partners on the other hand, can not restrict their liability (unlimited liability) and therefore can be held personally responsible for any unpaid debts the partnership incurs. This is potentially very dangerous as partners are joint and severally liable for partnership debts. Thus if one partner engages in an activity which results in large debts, all partners, regardless of whether or not they had prior knowledge of the activities would be equally liable to make good any shortfall in funds from their personal assets. The internal workings of a partnership are usually governed by a deed. This agreement is the equivalent of the memorandum and articles of association belonging to a company. The partnership deed will set out procedures and rules relating to capital maintenance, profit shares of individual partners, the admission of new partners and the resignation of existing ones. The partnership act does not provide a comprehensive set of rules and procedures on the governance of a partnership and therefore, without a partnership deed many important aspects of the business, such as disputes and working practices will not be covered and may therefore result in inconsistent and perhaps unfair decisions being taken. One further difference between a partnership and a limited company is the way in which each is taxed. A company pays tax on its profits and directors are taxed on what they receive in remuneration from the company. A partnership on the other hand is not taxed in its own right as a company is (a partnership is not a separate legal person). Instead each of the partners are taxed on their share of the profit, irrespective of how much or how little they have taken out of the business.
Substratum rule is when there are multiple facets of layers for the rule of whatever is being governed or managed.
Opportunity cost is the highest-valued alternative foregone in order to take an economic action.
What is the difference between Industry and manufacturing?
Manufacturing refers to - changing of raw materials into products of more value.
For instance - changing of wood into pulp.
Industry refers to- an organised human skills and efforts to produce something more valuable and useful from the gifts of natural resources and primary products. It refers to the process of manufacturing.
For intsance- when wood id changed into pulp, then pulp is used in industries to produce more useful pruducts such as paper, or cellulose fibres.
It's quite confusing but if you will read it with concentration and view it with logic, you will surely get the point.
What would you recommended for making Committees effective?
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What is the Vision mission objectives of Nike incorporation?
Nike Mission Statement:
"To Bring Inspiration and innovation to every athlete in the world."
Entitled to pay after quitting a job?
Even a person that quits a job is entitled to the pay that they earned before they quit. If you are having a problem, you can go to the workforce commission.
What is the difference between a come along and tag along clause?
'Come along' is more commonly used for a suggestion. For example, you may welcome somebody to join you by saying 'Just come along' or asking 'Would you like to come along?'
Yet, 'tag along' tends to mean that somebody joins you in an unexpected way. You may say 'We bumped into him on the way to the church and he tagged along.'
The first step in the incorporation procedure is to?
The first step in incorporating is filing your Articles of Incorporation. When you file your Articles of Incorporation you will have to pay a fee.
plc technician means work with automated systems and develop the logic ,hmi and also attend the any faults during running industry.
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Different support departments that are needed in an organization include management, planning, and human resources. Without the planning department, management would not function properly. Human resources helps find the correct employees that ensure work is done properly so the company runs efficiently.
What happened in Percival vs wright?
A number of circumstances which established the general maxim that directors primarily owe a duty to their company .
