The Advantages And Disadvantages Of Incorporating A Business

The Advantages And Disadvantages Of Incorporating A Business The Advantages and Disadvantages of Incorporating a Business In rescript to mention all the advantages and disadvantages of incorporating a business, first I should psychoanalyse to explain what a corporation is. In 1819, Chief commentator Marshall of the United States Supreme court said: " A corporation is an artificial being, invisible, intangible, and existing only in rumination of the law.

" In the Websters College Dictionary corporation is defined as "an connecter of individuals, created by law and hav ing an existence apart from that of its members as organic as distinct and inherent powers and liabilities." A corporation is secernate into many units called shares of stock. The owners of the stock are called stockholders or shareholders. One of the advantages of incorporating a business is that because a corporation has a legal existence, shares wear down be sold at any time without signature tune on the ope...If you want to get a full essay, rewrite it on our website: OrderCustomPaper.com

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