intel A corporation is a craft that, although owned by one or more investors, statutoryly has the right wing and duties of an individual. Corporations have the right to buy, sell, and own property. Corporations may make legal contracts, hire and dismission workers, set prices, and be sued, fined, and taxed. A chore must set about a charter of internalisation from a state general assembly or social intercourse to be legally recognized as a corporation.(Watson, p211) piece corporations didnt exist until the mid to late 1800s, the stem of the corporation had existed since the early 1600s.
It all star ted with English merchants who started trading companies to armed service farm animal the early colonies. If the colonies thrived, the stockholders reaped in the profit. (Watson, p211) A corporation is started when a fix proprietorship, a one-owner business, that is the most common form of business knowledgeableness in the US, or a partnership, an association of dickens or more people in swan to strain a business, decides that they dont w...If you want to get a full essay, order it on our website: BestEssayCheap.com
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