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Apr 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...
Apr 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.
A 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 such in law for certain purposes.
Feb 1, 2024 · A corporation is a type of business entity that offers limited liability for owners, the shareholders. Corporations have well-established legal precedents and a uniform management structure,...
The meaning of CORPORATION is a group of merchants or traders united in a trade guild. How to use corporation in a sentence.
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.
CORPORATION definition: 1. a large company or group of companies that is controlled together as a single organization: 2…. Learn more.
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related to: (corporation)Create A Corporation And Stay Covered All Year With Worry Free Services & Support. ZenBusiness® Provides Fast Filing, Expert Service, And Simple Setup At Low Costs.
We've helped launch over 4 million businesses. Start yours for $0 + state filing fees. Fast, simple, and free. Just pay state filing fees.