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A corporation is an artificial person, legally independent of its owners and/or operators. The owners of a corporation are its shareholders.
A business that is not a corporation legally is just its owners and operators, usually in the form of a sole proprietorship or a partnership.
If someone sues a corporation that is as far as it can go, they cannot sue either the owners or operators.
If someone sues a business that is not a corporation they are automatically suing all the owners and operators.
There are now also other options that limit the ability to sue the owners and operators, but are not corporations (e.g. LLC or LLP).
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∙ 10y ago
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The alternative press is?
an outlet for noncorporate-related journalism.
What are the disadvantages of a corporate form of a business organization?
govt
What are some advantages to the corporate form of business?
limited liability
How was corporate retailing started in India?
Corporate retail started by small business owners. They would invest in their business and promote their brands until they were able to form a corporation.
How do you explain a corporate business?
Corporate business is a business own by many investors.
What is the main strength of the corporate form of business organization?
ease of raising financial capital
Unlimited personal liability is a drawback with corporate form of business organization?
Limited personal liability is the advantage of incorporating your business.
How do you get a corporate charge card?
You can get a corporate charge card by choosing which type of card you want then filling out the Charge Mastercard Business Card form on the Mastercard website.
What are the functions of corporate affairs in business?
To act as the face of the business in regards to corporate brand and reputation
What does a corporate package include?
business business
Where can you get a corporate business card?
You can get corporate business cards from the printing services that manufacture these cards. For instance, Vista Print offers corporate business cards and individual business cards.
What is an alternative press?
An alternative press is a publisher or publication which will often provide editorial perspective different from the outlook provided by more established publications.
