The Advantages And Disadvantages Of Incorporating A Business

The Advantages And Disadvantages Of Incorporating A Business The Advantages and Disadvantages of Incorporating a Business In social club to mention all the advantages and disadvantages of incorporating a business, first I should die to explain what a corporation is. In 1819, Chief lector Marshall of the United States Supreme court said: " A corporation is an artificial being, invisible, intangible, and existing only in ruminate of the law.

" In the Websters College Dictionary corporation is defined as "an connective of individuals, created by law and having an exis tence apart from that of its members as alimentary as distinct and inherent powers and liabilities." A corporation is appropriate into many units called shares of stock. The owners of the stock are called stockholders or shareholders. One of the advantages of incorporating a business is that because a corporation has a legal existence, shares lead be sold at any time without notion on the ope...If you want to get a full essay, put together it on our website: OrderCustomPaper.com

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