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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

Does a promissory note provide proof of ownership for a business?

when selling you business does a promissory note provide proof of ownership for teh buyer?

What should you do if an eBay buyer threatens you?

I think it depends on the conditions. If you are the seller of something and the buyer doesn't think he got a square deal, just tell the person to return the item and you will refund the money, including the return postage. That should get him off your back.

You might want to talk to ebay, not just to 'report' the person but to ask if the transaction was covered under any of their various insurance policies. I mean, I don't know what you sold him; if it was a 40,000-dollar Mercedes, coming up with a refund might be a bit tougher than if you sold him a Lionel train set for 30 bucks.

Presumably, as you have made some kind of transaction you both have each other's physical address. If you live at opposite sides of the continent distance might make you safe; if you live two towns apart, it could be a scarier story.

If this person for any reason has threatened physical harm, you have every right to contact the police in his town and tell them that you have been threatened. Threatening words are as much a case for assault as hitting you with a brick. You have the right to ask them to go talk to this person, but of course this might just up the antagonism. I'm hoping refunding his money will do the job, because this is not a good situation.

What exactly is the purpose of pleading 'no contest' in court?

Pleading No Contest, nolo contendere in legal parlance, gets things over with. It also means the defendant is not admitting to being guilty. It avoids the cost and time associated with a trail. Typically the judge will be more lenient on the sentencing. It also cannot be used as ipso facto evidence in any civil trial that might arise from the incident.

Can i copy another school's curriculum for my own school?

It is possible to do many things, you can jump around mount Everest if you really wanted too. However, is it morally acceptable to do so- not the mountain jumping, but the copying of another school's hard earned curriculum! Perhaps you could use the school's curriculum as a starting point and develop a different one from there.

Can a minority shareholder in an LLC block the sale of the business even though the majority votes to sell?

A majority vote to sell the company could not be stopped. The desires of one minority shareholder is almost never enough to block the vote of the majority. You could consult a business attorney if you feel that you have unusual circumstances.

How can you sell your Corporate Limited Partnership Limited Liability Company registered name?

You can contact a Secondary Market Broker to find a buyer for the shares (like LPSales.com). The process can take 4 weeks and longer and there's some paperwork involved.

What is the meaning of incorporation defense mechanism?

Primitive mechanism in which psychic representation of a person or parts of a person is(are) figuratively ingested.

Which corporation owns cnet?

CNet Networks Inc. is the cnet's mother company which was acquired by CBS interactive (owned by CBS Corporation). Thus, CBS Interactive partly owns Cnet.com.

Does Marriott own Interval International?

No. Interval International was owned by InterActive Corp (IAC) until 2008. At that time, Interval International was spun off from IAC and does not have a parent company at this time.

Features of limited partnership?

limited partnership has two partners with different liability;general partners and limited partners.

What type of document is a corporate charter?

A corporate charter, also known as articles of incorporation of charter could be defined as a written document, filed with a United States (U.S) State by a corporation's founders which describes the purpose, place of business and other deals of a corporation.

If Profit maximizers sometimes argue that corporate are adequately controlled by legal rules then explain how the social responsibility advoctes respond to this assertion?

Social responsibility advocates respond to this assertion by stating that legal rules set the minimum responsibility of a corporation. The corporation as to go above and beyond this minimum.

What is the significance of the City of Chicago Incorporation Seal with the Native American etc?

this is an offical explnaing of the seal from an old Chicago Police Handout form then 1970's

The Americain Shield is for the national spirt of Chicago.

The Native Americain Chief is for the discoverier of the site of Chicago and the contribution to the early history of Chicago

The Ship is emblematic of the approch of the "white man's" civilation and commerce

The shaft of Wheat is the symbol of activity and plenty

the infant child in the Shel is a classical symbol of the pearl with Chicago being on the shore of the lake signfies that Chicago shall be the "Gem of the Lakes" then child also represents the first white child born in Chicago in 1805.

the motto "urb in horto" means city in a garden

and march 4th 1837 is when Chicago was incorperated as a city

Pros and cons of industrial development bonds?

Industrial development bonds are beneficial to businesses because the proceeds can go towards a number of purposes including acquiring land, constructing buildings, purchasing and repairing equipment, and real estate development. However, these bonds must be paid back and businesses titles end up being used for collateral.

Can a minor open or own a corporation?

Typically most states will not allow a minor to open or own a corporation because a minor cannot legally enter into contracts. It may be possible for a minor to own a corporation if it is held and managed by a trustee.

What is a sanctioned meeting according to Robert's Rules?

Robert's Rules of Order is the guidelines used by most non-profit boards. Under Robert's, a sanctioned meeting is one held at a predetermined location and time and attended by at minimum of 1/3 the board members.

Where can I find a sample of winding up letter?

A winding up letter should include reasons that a company has been delinquent towards their credit payments. It should contain a way to resolve the problem.

What is meant by the doctrine of incorporation of international law?

the doctrine of incorporation means that the generally accepted principles of international law are automatically adopted by a state as part of its own laws.

What is the best way to obtain venture capital other than through venture capitalists family friends or bank loans?

Venture capitalists are a common source of venture capital for small and medium sized businesses. They will take the risk of providing capital in return for a realistic share of the profits.

Family and/or friends may also be willing to take the risk of providing capital, but there is a risk of bad relationships and of losing friends if the business doesn't succeed. There may also be the problem that they may wish to have a share in managing the business, a desire that may not correspond with your own wishes.

A bank loan is not venture capital. A loan must be repaid, with interest, whereas venture capital is cash/funds introduced into the business and represents a proportionate share in the business itself.

OTHER SOURCES OF CAPITAL:

  • Stock market flotation
  • Forming a business partnership with someone who can provide capital
  • Government or institutional grants