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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 incorporation clause in Philippines?
If a general incorporation clause is used, for example, 'incorporating all therms and conditions of the charter dated...', only those primary clauses germane to the actual carriage of the goods will be incorporated. Arbritation clauses will not be incorporated into the bill of lading unless specifically incorporated.
Alternatively, they will be incorporated if the wording of the charterparty arbritation clause expressly refers to disputes under the bill of lading. The position is unaffected by the addition of the words 'whatsoever' to the general words of incorporation.
limited liability because although its an advantage of incorporation, it can also be a disadvantage. It restricts the ability of a small corporation to borrow money.
How do you use Piercing the corporate veil in a sentence?
- the brides veil is drggind down on the foor
What is the ticker symbol for Tyco International?
The ticker symbol for Tyco International is TYC and it is traded on the New York Stock Exchange. Tyco International should not be confused with Tyco Toys, a division of Mattel.
Idea Buyer, LLC is a New Product Development company that owns and operates IdeaBuyer.com. The Idea Buyer Network is a new product database used by leading consumer product companies and entrepreneurs seeking original product ideas in many different industries. Idea Buyer has been credited with numerous patent licensing agreements and patent sales as a product development firm and as an online marketplace. The mission and practices of Idea Buyer LLC streamline the product development and sale process within the consumer product market by giving inventors a platform of monitored exposure to top consumer product buyers. This gives companies an efficient way to scout for original product ideas and patents for sale by inventors. The company offers individuals an online marketplace, self-help products, and services as a platform to sell or license their intellectual property.
What are the laws that affect the incorporation of a business?
Wow there are many laws - too many to go over here. I would suggest contacting a <a href=" http://www.albuquerquebusinesslaw.com/ >qualified business law attorney. </a>
What does Teknion LLC produce?
Teknion LLC is a leading international designer, manufacturer and marketer of mid to high-end office systems and related furniture products. Systems furniture, mobile furniture, seating, storage, filing and freestanding casegoods are some of the things they produce.
What does 'incorporated' mean?
a company that's registered, a company is incorporated from the second it is officially registered
What is the minimum legal age to open a corporation?
There is no minimum or legal age for a person to be able to open a corporation. Minors must visit their local branch to discuss the nature of the business of interest before opening a business account.
What does company designation AS mean in Norway?
Limited company. Meaning their liability is limited by shares or guarantee.
State difference between aims and objectives and a vision statement of business organization?
Different people will give different answers to this question, and in fact business teachers can get into pretty big arguments about this exact question. So with that in mind, please take this as one person's answer.
I'm going to start at the "end" of the road and work backwards, and hopefully when I'm done you'll see why.
A business organization's "Vision" is a statement of where a company would like to be at some future date, or it's a statement about a result or some future event. However, the vision statement is usually written as if that future event or result has already happened. For example, a new clothing fashion design business could have the following Vision Statement: "We are a world-class fashion design house, known for producing cutting-edge designs that make women look fabulous." The statement looks into the future -- that's where the term "vision" comes into play.
A business organization's "Aims" are those things the business wants to happen as a result of taking a certain path. I should note that this term is not used all that often in US businesses, but the term "Aim" is rather more popular in Canada. The organization's "Aims Statements" would answer the question, "Why did you choose to do what you did, or to go the direction you went?" For example, one Aim Statement could be, "The aim of this initiative is to create lower-cost products that are still recyclable."
A business organization's "Objectives" are more specific than either aims or the business vision; the objectives are specific, measurable, and timely statements of what the organization is going to DO. For example, a business objective could be, "To increase customer satisfaction by 50%, as measured by a corresponding decrease in complaints about defective products, before the end of the year."
How do you get a business license in Carlsbad ca?
You simply go to the city hall in your area and apply, cost is usually under $100.
What is a disclosed principal?
A disclosed principal is someone who you have acknowledged to a third party that you are acting as an agent for.
An undisclosed principal means that you appear to be acting for your own account, but you are actually acting as agent for the undisclosed principal without telling anyone.
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Can you show me sample of certificate of employment?
No, we can't. Nor is it clear what you mean by the term: do you want to know what the certificate for a Certificate of Employment Relations looks like, or do you refer to a specific certificate saying that you are indeed employed which is provided by your government.
When did corporations become persons?
In 1886, . . . in the case of Santa Clara County v. Southern Pacific Railroad Company, the U.S. Supreme Court decided that a private corporation is a person.
This is based on the oral argument of a single judge's two sentence quip....
The court does not wish to hear argument on the question whether the provision in the Fourteenth Amendment to the Constitution, which forbids a State to deny to any person within its jurisdiction the equal protection of the laws, applies to these corporations. We are all of opinion that it does.
sparksfarmer 1/10/11
Social responsibility advocates disagree withÊclaims that corporations are adequately controlled by legal rules. They point out how the laws are set up in such a way that corporations have tax loopholes, and that many have set up top management bonus structures in such a way that it harms employees. The corporations which benefit their employees and communities do so because of independent decisions, not because there are laws in place which make them do so.
The ones I'm aware of (In the US) are General Partnership, Limited Partnership (LP), Limited Liability Partnership (LLP), and Limited Liability Limited Partnership (LLLP)
What personality type is required to be a district attorney?
To be a district attorney, you must be conscientious enough to complete law school and survive your first few years in the legal profession. You should also have a talent for reassuring worried clients.
What protection does an LLC provide?
The protection offered by an LLC depends on many factors. First, where are you establishing the company? Second, is the LLC adequately capitalized (does it have its own assets to operate, or is it just a front for an individual). Do the officers and directors of the LLC follow the requirements of their state in terms of management of the LLC: do they hold regular meetings of the board, with minutes and votes as required? An LLC without the assets and formalities may not provide any protection to its owners at all. Property capitalized and run, however, an LLC can protect its owners from personal liability for those debts of the company (again, varies by state).
Hopkins vs shannon transport systems ltd?
This is a leading Irish Company law case, on the duties of Company Promoters, and their fiduciary relationship with shareholders. In this case Hopkins (P) purchased a number of ferry vessels along with another (as a partnership) for use in establishing a business operating a ferry service across the River Shannon. The company (established as a limited company) was financed primarily through the sale of shares to the public, and grant aid received from the state. The then sold the vessels to the company at a profit. When this fact was discovered, the grant aid was rescinded and shareholders left the company. At this point P left the company and sued the company for his share of the profit. It was ruled that he had no entitlement to the profit, as he breached his fiduciary duty of disclosure, and the contract was therefore voidable.
Articles of Incorporation Worksheet?
There are several corporate bylaws and either "organizational minutes" or "organizational consent."
Some states offer corporations the option of electing to be organized as a "close corporation." If the corporation qualifies and makes such an election, it is allowed to operate under relaxed, partnership-type rules, allowing for less formal management by the shareholders instead of the directors and officers. However, few corporations actually make such an election and an informed decision to make such an election should only be carried out after consultation with a lawyer.
IMPORTANT: State and federal securities laws require compliance with complex registration procedures unless the incorporation process meets a set of exemptions, including: (a) a very limited number of persons will purchase the stock, (b) there will be absolutely no public solicitation or advertising to sell the shares, (c) the shares will be sold/issued to persons who will become directors or officers of the corporation or who are immediate family members of a shareholder/director or shareholder/officer, and (d) the shares will be purchased by persons who intend to hold the shares for their own investment and not for resale. Consult an attorney or other advisor for further information.
A lawyer or tax advisor should be consulted regarding the advisability of electing to be treated as a "Subchapter S" corporation for federal income tax purposes. (See Additional Steps for details.
