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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
What is the full form of CTS extract?
It means City Survey Extract, showing the details pertaining to Residential Premises.
Quid Corp is a scam company that lies and misleads clients telling them they are eligible and qualify for thousands and thousands of grant funding and they want you to pay a retainer fee UPFRONT. . .No one has ever been funded and all the posts on the internet are employees lying saying they are client that have been funded. . .
My name is Stephanie Weston and I am a former employee of Quid Corp. I worked for Quid Corp for several months. I have read all the blogs and I am sorry to inform you that to my knowledge and all the research I have done, they are all TRUE. The employees of this company have lied and said I was dismissed, fired and or let go. That is a blatant lie of which I am taking legal recourse for such lies.
I left Quid Corp when I discovered it was a fraudulent company that misleads clients. I also discovered and have proof of their affiliation with other fraud companies of which I am willing to testify in a court of law! I have been accused of being the blogger named "whistleblower." That is also a lie, I am not disgruntled. It is simple I worked for a company that was scam and quit.
None of the clients that I sold have received funding and many have contacted me and have provided me written statements of what they have been told of my being dismissed and fired. . .
The company is a shelf corporation and has NOT been in business for 10 years and they have NOT helped thousands of businesses get millions upon millions of grant funding (what a joke). This company and many employees are the same group of people who ran Corporate Capitol amongst MANY other companies that have closed due to the simple fact it was in fact was a scam and a fraud company. . .
As far as alias names goes, all the people who worked at the previous scam companies use alias names and all the NEW people such as myself all used our REAL names because we were naive and did not even know any better. Employees who were paid to scam people are as much of a victim as the people who were sold.
If you would like to participate in a class action law suit and would like contacts to the proper authorities here in Nevada so you make take legal recourse for being scammed or if you were paid to scam please contact me at Stephanie.f.weston@gmail.com
This company is scam as well as all the previous companies they were affiliated with. I am sure many current employees will come on to this post and call me everything under the sun and lie. I was one of their top sales representatives, I think I was 8th to be exact. I thought the company was real when I started and once I discovered it was a scam I quickly gave my notice. I also have many names and numbers of clients who will be willing to speak with you as they can tell you their experience first hand. I can also give you names and numbers of previous employees who have worked for Corporate Capital and Quid Corp and tell you the transition from company to company.
All the blogs are true and Compass National is where many previous Quid Corp employees are now. So if you are looking for the person who scammed you, they either quit, still work their (might have a new alias name) or work for Compass National or another scam company.
So as far as STEPHANIE WESTON being the blogger and hiding behind some yahoo email address, I am here to tell you, I have NO REASON to hide, no reason to lie and have NO PROBLEM POSTING MY NAME AND CONTACT INFORMATION!
So if the current employee at Quid Corp and Compass National want to post and lie, I caution you I will take legal action for slander and defamation of character! I am more than happy to provide, forward any and all information that I have to prove that blog claims are not FALSE and I have submitted this very same information to the proper authorities and legal action I assure is coming, I am happy to provide the name and number of the authorities, legal authorities involved. I am also happy to provide clients that were scammed and ripped of from all companies. . .
Read more: Is_quid_corp_a_scam
Can a general partner borrow from a limited partner?
Yes as the deal would be separate and distinct from the company.
But this is a bad idea, coercion, and other factors could come into play later that could damage the company as whole.
What is an industry in which there are many competitors?
The insurance industry is one example of an industry with many competitors. Many companies are constantly vying for clients, and even sales personnel within the same company are at constant competition to hit quotas.
Are assets of a partner of a limited liability partnership reachable in bankruptcy of that partner?
The partner's assets are normally not accessable if the Partnership goes BK....that the limited part of the liability in the name. However, if the partner goes BK (as you stated) the partnership isn't directly involved...but the partners interest in the partnership is an asset in his BK that may be used to pay creditors. (The LLP can end up with a partner it doesn't know).
Matt Widby is defined as an entrepreneur, a high ranking Michigan professional.
Matthew Widby is a entrepreneur a person who has possession of a new enterprise, venture or idea, and assumes significant accountability for the inherent risks and the outcome. He or she is an ambitious leader who combines land, labor, and capital to often create and market new goods or services. ... [1] The term is a loanword from French and was first defined by the Irish economist Richard Cantillon. Entrepreneur in English is a term applied to the type of personality who is willing to take upon herself or himself a new venture or enterprise and accepts full responsibility for the outcome. Jean-Baptiste Say, a French economist, is believed to have coined the word Entrepreneurfirst in about 1800. He said an entrepreneur is "one who undertakes an enterprise, especially a contractor, acting as intimidatory between capital and labour".[2]
Difference between ag and gmbh?
An AG is a Corporation and is ideal for large companies. It can olnly interact without the outside world through agents and permits a minimal possible risk to the investor. The AG was invented by the Catholic Church (Vatican) in 1549 in order to prevent loss in taxes and was the creation of attractive investment opportunities. A GmbH is a Limited Liability Company, which dominates about 70% of the businesses in Germany. The founding of a GmbH was to make it easier for businesses and is based on a contract. It was first used in the United States in 1981 and is highly attractive for many countries. The concept is extremely attractive for medium-sized businesses and has elements of partnerships + corporations.
What was the primary purpose of RICO?
The Racketeer Influenced and Corrupt Organizations Act is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. It could be applied to individuals, businesses, political protest groups, and terrorist organizations. In short, a RICO claim can arise in almost any context.
What is the meaning of general mandate used by shareholder's meeting?
A mandate allows another person to act on your behalf. A general mandate allows the person to vote or make decisions on your behalf generally for a specific time period or meeting. This is different than a specific mandate, which specifies a particular decision or matter the person can represent you for.
Is a threat considered a tort?
Because assault requires intent, it is considered an intentional tort. Tort law specifically state a tort must contain: (a) "the party acts intending to cause a harmful or offensive contact with the person of the other or a third person, or an imminent apprehension of such a contact, and (b) the other is thereby put in such imminent apprehension."
Can an llc escape a lawsuit by selling the llc?
No. See related question link that explains the liability of an LLC.
Documents required for incorporation of a new limited company?
Certificate of formation, minutes of the organizational meeting to elect officers or a written consent in lieu of the organizational meeting, and a company agreement.
What is the process for setting up an LLC?
Setting up a Limited Liability Company (LLC) can usually be done in an hour or less. Requirements can vary from state to state. You will need to contact your state's Secretary of State's office to obtain a copy of the LLC articles of organization form which you will need to complete to set up your company.
Does an employer without workers comp have a liability to pay medical bills for on the job injury?
This question bothers me.
A business that does not have the leagaly required Workmans Comp coverage would be Liable to pay for the equivilant costs plus Leagal costs.
But any business that does not have this coverage will turn out to be a fly by night or outlaw company with no assets and virtually no way to leagaly make them pay.
If they don't have coverage don't work there,.
Did the Avon Company buy out Home Interiors?
No, Avon did not buy Home Interiors & Gift. It was bought by Penny and Steve Carlile the owners and founders of Home & Garden Party was founded in 1996. The new company name is Celebrating Home. It's new location is in Marshall, TX and the new president is Heather Chastain (which used to be the president of Home Interiors after Dick Heath 'resign').
If you want more information just go to their website www.celebratinghome.com . You may ask how I know about the company, well I was one of the many that got layoff out of the blue (on my day off) before the company file for bankruptcy.
Unlimited liability means that sole proprietors are completely responsible for all of the?
depts
apex.
its spelled (debts)
Difference between partnership and public company?
They both look at the different responsibilities, risks and rewards that you can receive from setting up your business in different ways.
A public company has shares and many different owners, it is easy to transfer ownership from one person to another by simply selling shares as well it is easier to raise capital though either debt issues or equity issues (issuing more shares). If anything happens to the company you are only liable for the amount of equity that you have in the company (ex if the company is sued you are only liable for the size of your equity stake in the company and no more). However public companies are expensive to set up and there is the requirement that public companies provide their financial records on an annual basis to the public.
Partnerships are more limited in nature, they only survive as long as all the partners keep them alive, they are difficult to transfer ownership, it is more difficult to raise capital (as this is done on the merit of the partners involved), if a partnership is sued you can lose more then your equity stake (you are personally liable for any lawsuits). However the plus side is that partnerships are cheap to set up and you don't have to provide your financial information on an annual basis.
Side note there are different partnerships which can be set up, the most notable is a limited partnership where you can have partners who are only liable for their equity stake in the company however they do not have any decision making opportunities in the company either.
Are Inc and Incorporated considered two distinct names for trademark purposes?
No...because Inc equals Incorporated....Inc is just a shortcut for Incorporated.
Actually it depends on the chartering agency and the statutes. In some places ABC, Inc. and ABC Incorporated are two different names, in some they are treated as the same.
How are the first directors of the company appointed?
Shareholder vote (or appointment if there is only one shareholder).
For example I put Biz, LLC. instead of Biz, LLC
Can an business name has numbers in it?
LLCs are regulated by laws of the state where they are formed. So you should check laws of the state where you are incorporating in.
For some states I now that allow numbers in business name however you should check laws of the state where you are incorporating in. Or if you will decite to incorporate with document filing service provider ask them.
How does accounting assist business?
Accounting plays a vital role in the development of a business. Accounting is said to be the language of business i.e. it depicts the picture of a business in figures.
Accounting involves recording, interpreting, classifying, summarizing and presenting of monetary transactions. It exhibits the past performance in case of financial accounting and present and future performance in case of cost and management accounting.
Accounting tells whether or not the business has performed well.
It suggests which product to be launched which may probably capture the market,which branch to be closed which has been showing far less profits for several years,whether or not to do downsizing, whether or not to expand the business considering the probable high demand in entity's products etc.
