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It can serve jail time.
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∙ 8y ago
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When should a corporation outsource a function?
A corporation should outsource its function(s) when its in-house staff cannot do the work anymore or if manpower is short and there's a need to cut costs in hiring more people at a lower pay rate.
Who are the main creditors of a corporation?
Bondholders are creditors of a corporation; they have loaned the corporation money and received bonds as evidence of the corporation's. Stockholders, both common and preferred, are owners of a corporation. (STOCKHOLDERS ARE NOT THE CREDITOR)
Who are the primary owners of a corporation?
Typically, the owners of a corporation are the stockholders.
Is a corporation a commercial enterprise?
Yes, a corporation is a commercial enterprise.
What type of economy is a corporation?
A corporation is not a type of economy. A corporation is a business structure that is present in capitalism, a free market economy.
What of the following cannot happen to a corporation?
It can serve jail time A+
When did Corporation - video game - happen?
Corporation - video game - happened in 1990.
Can you be my own trustee or my corporation?
Another asker who can't control his pronouns. Why would I want to be trustee of your corporation or of you? Corporations do not have trustees. If the corporation files for bankruptcy protection, you cannot be the trustee. Similarly, you cannot be your corporation. A corporation is a separate legal entity. You may be the only officer and shareholder, which can cause you some tax and liability problems, but you are not the corporation.
Can a corporation enter into a contract before its date of incorporation?
No, a corporation cannot enter into a contract before its date of incorporation. This is because a corporation does not exist as a legal entity until it is officially incorporated. Therefore, it cannot legally enter into any contractual agreements prior to its date of incorporation.
How long is a will good for?
I am not a will expert, but in my understanding, in most countries when you make a will this will remain in force until your death unless you make a later will (which will invalidate all earlier wills) or unless you marry (the act of marriage invalidates all wills made prior to the marriage).
When did Qinghe Special Steel Corporation disaster happen?
Qinghe Special Steel Corporation disaster happened on 2007-04-18.
When Dindigul will change to city corporation?
not likely to happen in next decade
Can one person be a corporation?
One person cannot be their own corporation. This is because there are too many jobs to be done by one person efficiently.
Can corporation be a stockholder in a corporation?
Yes, a corporation can be a stockholder in a regular C corporation. A common form of this is called a "holding company" but other types of companies regularly buy stock in other companies too. However, a corporation cannot own stock of an "S" type corporation. Only actual people can own shares of an S corporation.
Were can a hurricane not happen?
Hurricanes cannot happen in polar regions
How do you change a family farm into a corporation?
A farm cannot become a corporation. It can be owned and operated by a corporation. The family can file (with the secretary of state, or local equivalent) for a new corporation to be formed, then "sell" the farm to the corporation in exchange for "shares" (meaning management control and dividends). Or the family can actually sell the farm to an existing corporation for cash, or for shares of the existing corporation, or for a debt instrument (e.g., a promissory note).
What kind of company is an LLC corporation?
An LLC corporation is a limited liability company. This means that the company gives the owners the ability to assume less liability if something were to happen.
