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What Is A Corporation?

What is a corporation?
Most businesses start out as a small company, owned by one person or by a partnership.

The most common type of business when there are multiple owners is a corporation.

The law sees a corporation as a real, live person. Like an adult, a corporation is treated as a distinct and independent individual who has rights and responsibilities.

A corporation's "birth certificate" is the legal form that is filed with the Secretary of State of the state in which the corporation is created, or incorporated. It ...


postedPosted : February 20, 2009 | More commentsComments : 0 | Bookmark and Share



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