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  1. Jun 21, 2024 · A corporation is created when a business is incorporated by a group of shareholders with a common goal. Shareholders share ownership of a business, as represented by their holding of stock...

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  3. Jun 10, 2016 · Corporation defined and explained with examples. A corporation is a legal business entity in which the owners are protected from liability for the company's actions.

  4. Dec 19, 2022 · What are the types of corporations? C corps, which offers their owners the strongest protection from personal liability, and S corps, which allow profits and certain losses to pass through the...

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    • Amazon. Amazon was founded in 1994 and is a world leader in e-commerce. It has taken massive business away from the brock and mortar stores by providing the facilities to order products at home.
    • J.P. Morgan Chase. J.P. Morgan Chase & Co. is one of the oldest financial institutions in the United States of America started in 1799. It’s one of the biggest financial institutions with annual revenue of more than $ 105 billion.
    • Microsoft. Microsoft was started by Bill Gates in 1975 and built a software Windows. The Company went on to build Ms. Office – Ms. Word, Ms. Excel, Powerpoint, Outlook, and much other software which are used on a day to day basis by professionals and almost every Company.
    • Google. Google is a multinational tech company mainly known for its search engine. The Company is the biggest Corporation in internet services with a web of its apps like the search engine, Gmail, google maps, youtube, etc.
  5. A 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, and borrow money from financial institutions.

  6. When it comes to types of corporations, there are typically four that are brought up: S corps, C corps, non-profit corporations, and LLCs. But, there are additional business structures as well, some of which could be the right fit for your company.

  7. Nov 1, 2023 · Corporations are businesses that are treated like individual people by the law. A corporation can own assets, hire employees, sign contracts, and exercise individual rights. In this post, learn the full definition of a corporation, including how corporations are formed and how they operate.

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