Corporation - Wikipedia
WebA corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as …
Corporation | Definition, History, & Facts | Britannica Money
WebApr 12, 2024 · corporation, specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. As contrasted with the other two major forms of business ownership, the sole proprietorship and the partnership, the corporation is distinguished by a.
Corporation - Simple English Wikipedia, the free encyclopedia
WebCorporation. A corporation is a group of persons that sit together to make and run a business. This business is considered an entirely different human and unrelated to the group that manages it. McDonald's Corporation is the world's biggest restaurant chain.
Corporation: What It Is and How To Form One - Investopedia
WebApr 21, 2024 · What Is a Corporation? 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...
Company - Wikipedia
WebIn English law and in legal jurisdictions based upon it, a company is a body corporate or corporation company registered under the Companies Acts or under similar legislation. Common forms include: Private companies limited by guarantee; Community interest company; Charitable incorporated organisation
corporation summary | Britannica
Webcorporation, Specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. As contrasted with the other two major forms of business ownership, the sole proprietorship and the partnership, the corporation has several characteristics that make it a more flexible instrument ...
C corporation - Wikipedia
WebA C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners. A C corporation is distinguished from an S corporation, which generally is not taxed separately. Many companies, including most major corporations, are treated as C corporations for U.S. federal income tax purposes.
What Was the Corporation? | History
WebJun 16, 2023 · When you say corporation today, we think of Apple or Microsoft or Amazon, but the corporation actually emerged in the medieval period as a way to understand, most particularly, local church governance and urban municipalities. In the 17th and 18th centuries, if you said the word “corporation” to someone, their first thought would be a …
What is a Corporation? - Various Types and Reasons to Incorporate
WebA corporation is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations are allowed to enter into contracts, sue and be sued, own assets, remit federal and state taxes, …
What is a corporation & how to form one | Block Advisors
WebJul 28, 2023 · A corporation is a business that is considered a legal entity separate from its owners, who are called shareholders. Therefore, under the law, corporations possess many of the same rights and responsibilities as individuals.
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