A corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals. They can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes.
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May 3, 2024 · In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation's capital stock.
Dec 26, 2023 · In general, a corporation is formed under state law by the filing of articles of incorporation with the state. The state must generally date- ...
Corporation
Organization type
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity and recognized as such in law for certain purposes. Early incorporated entities were established by charter. Most... Wikipedia
Jan 5, 2024 · A corporation, sometimes called a C corp, is a legal entity that's separate from its owners. Corporations can make a profit, be taxed, and can ...
Corporations are entities that act as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow.
A sole proprietorship is the simplest and most common structure chosen to start a business. It is an unincorporated business owned and operated by one ...
The meaning of CORPORATION is a group of merchants or traders united in a trade guild. How to use corporation in a sentence.