What is the difference between fundamental fairness doctrine and incorporation doctorine?
Fundamental Fairness Doctrine- General Fairness and states define their own provisions Incorporation- The Bill of Rights is incorporated and states have to follow procedures exactly as defined by the US Supreme Court
No. My father is applying for a LLC from Nevada (they have the best laws for this type of company - one person can control everything), it is legal. ANSWER: No, an LLC formed in another state can operate in Florida if it registers as a foreign LLC in Florida. However, if the LLC no longer operating in its original state, you may find that filing annual reports and paying fees is both states is an unnecessary burden. You may want to consider reforming the entity as a Florida LLC.
What is the difference between limited liability and unlimited liability company?
A company can be a limited or unlimited. Limited liability company is one which limits the liability of the members(shareholders) by (1) limited by shares or (2) limited by guarantee. Therefore Company limited by guarantee is a type of limited company which means the liability of the members' is limited by the guarantee given by them while becoming the member. The members have agreed to be liable to the company at the time of liquidation of the company upto an amount for which he is liable and does not have any other liability. Limited by shares means the member (shareholder) is liable for the value of the shares only. Members of the company with unlimited liability has unlimited liability for which they are liable even from their personal property if required.
In certain cases prospectus need not to be issued comment?
in following cases, it is not required to issue prospectus-
1. where a person is bonafide invited to enter into an underwriting agreement with regard to shares/debectures.
2. share/debentures not offered to public
3. offered to the existing holders
4. issued shares are uniform in all respects with previously issued shares + dealt in recognized stock exchange
thanks
Regards,
Nitesh Kumar Sharma
Indore
nitesh_scorpio@yahoo.com
What is the ticker symbol for ENSCO International?
The ticker symbol for ENSCO International is ESV and it is traded on the New York Stock Exchange.
Is it right to address a partner as director in a partnership firm?
he can be called as a director ....but if the other partners consent is received for him to represent them as a director.....
What are some examples of companies that use the line-and-staff organization structure?
Companies that use line and staff organization structure mainly include small businesses. With this structure, they know exactly who to go to for their supervision. Examples would include law offices and local restaurants.
A corporation can be any size, what makes it a corporation is that it issues shares and is owned by its shareholders. In principle one person could create a corporation and buy all of its shares himself, making it a privately held corporation with only one shareholder (but this is rare).
What kind of company is Pleasant holidays LLC?
Pleasant Holidays LLC is a vacation setup company. They specialize in helping people set up vacations or vacation packages. This includes many types of trips.
How easy is it for one to start a company?
In the United States it is fairly easy to start a company. All that is required is filing articles of incorporation with the state's secretary of state. Note that there are fees and taxes at both the state and local level.
What is the legal document of PT Indofood Sukses Makmur?
A company of that size deals with any number of legal documents every day.
Does a corporation need a board of directors?
In most jurisdiction can single owner act as a director.
What is the definition of incorporation?
The process of legally declaring a corporate entity as separate from its owners. Incorporation has many advantages for a business and its owners, including:
1) Protects the owner's assets against the company's liabilities
2) Allows for easy transfer of ownership to another party
3) Achieves a lower tax rate than on personal income
4) Receives more lenient tax restrictions on loss carry forwards
5) Can raise capital through the sale of stock
D.
The idea that the states had to follow the Bill of Rights (apex)
-dmoon
What is the difference between the incorporation system and the transformation system?
Under the doctrine of incorporation, a rule of international law becomes part of national law without the need for express adoption by the local courts or legislature. As a result the domestic courts have to apply a certain rule of international law as long as they there is no explicit contradicting piece of law or judgement.
Differently from the latter theory, the transformation doctrine stipulates that rules of international law do not became part of national law until they have been expressly adopted by the state. To become binding on domestic authorities, the international law must transformed into national law through the various mechanisms for the national implementation of international rules freely decided upon by each sovereign State.
Who sign a digital certificate?
A Digital Signature Certificate, is a digital identity of the sender filing the documents through internet .Digital Signature Certificate is a digital equivalent of a hand written signature which has an extra data attached electronically to any message or a document.
Can an entity be an officer of a corporation?
No, an entity cannot be an officer of a corporation. Officers must be natural persons (individuals) who can fulfill the responsibilities and duties required by the role. While entities, such as corporations or LLCs, can own shares or participate in the governance of a corporation, they cannot directly serve as officers. However, an entity can appoint an individual to act on its behalf in such capacities.
What is a domestic profit corporation?
A domestic profit corporation is one that aims to generate profits for it's shareholders more so than it's directors or officers. Shareholders have control by electing the directors and officers who run the business day to day.
An LLC license, or more accurately, the formation of a Limited Liability Company (LLC), provides a legal structure that protects its owners, known as members, from personal liability for the company's debts and obligations. This means that personal assets are generally safeguarded in the event of lawsuits or financial issues. Additionally, an LLC offers flexibility in management and tax treatment, allowing for pass-through taxation where profits are taxed only at the individual level rather than at the corporate level. Overall, it combines the benefits of a corporation and a partnership.
Can a dissolved corporation sue someone for payment?
If you had a debt with a corporation, then it was an asset (like a building, chair, computer, company car, etc). At the time of dissolution, the corporation sold its assets, including debts owed to it. You legally owe the agency or assigns that purchased your obligation.
Do The incorporation controversy has four approaches to incorporation?
Yes, the incorporation controversy regarding the application of the Bill of Rights to the states typically involves four main approaches: the total incorporation approach, which argues that all provisions of the Bill of Rights apply to the states; the selective incorporation approach, which asserts that only certain rights are applicable through the Fourteenth Amendment; the fundamental rights approach, which focuses on rights essential to the notion of liberty; and the "no incorporation" approach, which holds that the Bill of Rights applies solely to the federal government. Each approach reflects differing interpretations of the Constitution and the intentions of the framers.
amount left in the account of the business i.e. 4K should be distributed among partners in the ratio 5:2 as their salary.