Define what a corporation is, the types that exist and their characteristics.

Q: A Domestic Corporation has the following data on income and

A: As per BIR [Bureau of Internal Revenue] of Phillipines  for domestic…

Q: What is corporation and example

A: A corporation is a legal body consisting of a group of individuals or a firm that has been permitted…

Q: What is DOCTRINE OF CORPORATE OPPORTUNITY? Discuss.

A: A legal theory prohibiting a company's director or agent from redirecting a business possibility…

Q: Define closely held corporation

A: A closely held company is the public limited company which has a limited number of shareholders. The…

Q: Discuss the nature and classes of corporation

A: Corporations are the entities that are formed by the group of organizations or people which are…

Q: Which characteristics distinguish a corporation's shareholders from the characteristics of its…

A: Characteristics distinguish a corporation's shareholders from the characteristics of its partners:

Q: A corporation is a business owned by its stockholders.

A: Company or Corporate: Company is an acceptable type of business organization or legal structure for…

Q: Identify characteristics of corporations and their organization.

A: Corporations: It is one of the common ways an entity is registered. In accounting, a corporation…

Q: Define professional corporation

A: Answer: A corporation is a separate legal entity to be registered under state law from its managers…

Q: What are the characteristics of corporations?

A: A corporation refers to a separate legal entity which is legally a different person from the people…

Q: Which of the following is true about an organizational structure? It is either a sole…

A: Business organization means combination and coordination of different people for the purpose of…

Q: Explain publicly owned corporation

A: Publicly owned corporation: A publicly owned corporation is a corporation whose proprietorship is…

Q: Define corporation and explain the effects of the continuous inoperation of a corporation.

A: Corporation: A corporation is a legal entity that exists independently of its owners and has its own…

Q: What are the stages in organizing a corporation

A: Steps that are involved in organising corporations :- (1) identification and division of…

Q: What does it mean to maximize the value of a corporation?

A: Maximizing the value of a corporation: The value of the corporation is maximized by increasing…

Q: What are the distinctions between Corporation and Partnership?

A: A firm is altogether a distinct legal entity from the ones that own it. In layman's terms, it is a…

Q: Which of the following describes a corporation?

A: Corporation: A corporation is a business entity that is established through a process of law, i.e.,…

Q: What advantages does a corporation have over a sole proprietorship? Whatare the disadvantages of a…

A: There exist different forms of business structures from which we can choose while incorporating a…

Q: Describe the basic characteristics of a corporation.

A: Corporation: It can be defined as a legal organization that has a separate entity from its owners…

Q: Sumarise the advantages and dis advantages of corporation which features contribute to the dominance…

A: Corporation is form of organization under which the owners are carrying separate entity from the…

Q: What is a corporation?

A: Forms of business organization:A business can be started in any form of business organization. The…

Q: List three characteristics of a corporation.

A: Corporation A corporation is a form of business entity that is incorporated through the state…

Q: What is One Person Corporation

A: Solution:- The one person company means a single person to form a corporation without the…

Q: What is a corporate charter and what does it permit?

A: A corporate charter is a legal document establishing the existence of a corporation. Once the…

Q: What is corporate governance? List five corporategovernance provisions that are internal to a…

A: Corporate governance: It is the framework of laws, strategies, and forms that direct and controls a…

Q: Define Corporations?

A: A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy…

Q: Which descriptor relates to the imcome approach for valuing corporations?

A: Income capitalization approach or income approach is defined as the type of the appraisal method or…

Q: Explain the difference between a privately owned and  a publicily owned company?

A: The difference between a public and a private company are as follows:

Q: What are the types of corporations?

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: Differentiate between closely held and publicly owned corporations.

A: Any business with only a small number of stockholders is a closely held business. Its stocks are…

Q: C) the board of d. the corporation.

A: Stockholders are the Persons of entities whom the company issues its ownership rights in the form of…

Q: Which are the six criteria for treatment like a corporation?

A: Corporation A legal entity that has a distinct identity i.e. entity and owner identity is separate…

Q: State two desired characteristics of the Board of Directors of an effective corporation.

A: Board of directors: Board of directors is a chosen cluster of persons that signify shareholders. The…

Q: true or false.a. The policy-making body in a corporation is called the board of directors

A: Board of directors: The team of elected individuals who represent to shareholders and establish…

Q: How its GAAP and IFRS is suitable for corporate entities?

A: GAAP: The full form for GAAP is generally accepted accounting principles. It refers to the…

Q: Explain the Steps in the Creation of a Corporation?

A: Corporation: It refers to a business form which is established as a separate legal entity.…

Q: What are three defining characteristics of transnational corporations?

A: Transnational Corporations are organizations that work across global lines, however the vast…

Q: 1. What is the most important difference between a corporation and all other organization forms?

A: There are various different organizational forms such as sole proprietorship, partnership, Hindu…

Q: Explain the difference between an S corporation and a limited- liability company.

A: Introduction: A limited liability company is a corporate group that has a business or entity with a…

Q: Explain S Corporations?

A: A corporation is referred as the legal entity which is separated from its owners. The rights and…

Q: Why are large corporations often said to be publicly owned?

A: A corporation is a legitimate substance that is isolated and unmistakable from its owners.…

Q: What distinct advantage does a private or Subchapter S-corporation haveover the public corporation?

A: Business organization refers to any organization which is formed to carry out the commercial…