The Modern Corporation
•Download as PPTX, PDF•
2 likes•1,604 views
This document discusses different types of corporations and business combinations. It begins by defining a corporation as a legal entity established to perform business. It then outlines how to incorporate, including filing documents listing company details. The document notes advantages of corporations like limited liability but also disadvantages such as startup costs. Finally, it briefly explains business combinations like acquisitions, where one firm buys another, and mergers, where companies combine to form one enterprise.
Report
Share
Report
Share
Recommended
Corporate law presentation HNDA Sliate
A share certificate contains important details about a shareholder's ownership of company shares, including:
1) The name of the company and shareholder
2) The number and distinctive numbers of shares held
3) Whether the shares are fully or partly paid.
A share warrant is a negotiable instrument that allows the bearer to own a specified number of shares. It requires government approval to issue and can be transferred by delivery. In contrast, a share certificate provides registered proof of title.
Insider dealing involves the illegal buying or selling of shares by people with special, non-public information about a company because of their role within the company. They profit by trading on or sharing this price-sensitive insider
Forms of Business
There are three main types of business structures: sole proprietorship, partnership, and corporation. A sole proprietorship has only one owner who is responsible for all profits, losses, assets, and liabilities. A partnership has two or more owners who contribute resources and divide profits. General partnerships have unlimited liability for all partners while limited partnerships limit liability for some partners. A corporation is a separate legal entity from its owners, with ownership represented by stock shares. Stockholders have limited liability but limited involvement, while a board of directors controls corporate operations.
Legal identities
This document discusses different forms of business organization for small businesses, including sole proprietorships, partnerships, limited companies, and cooperatives. It provides information on setting up each structure, their legal responsibilities and requirements, advantages, and disadvantages. The key points covered are limited liability for shareholders in a limited company, the memorandum and articles of association that establish a limited company, the partnership agreement that governs a partnership, equal voting and profit sharing in cooperatives, and factors to consider when choosing the appropriate business structure like liability, record keeping requirements, raising money, and tax implications.
Business Studies. grade 8
This document is an introduction to a business studies textbook that will cover different forms of business ownership including sole proprietorships, partnerships, and franchises. It provides an overview of each type of ownership, listing their key advantages and disadvantages. For sole proprietorships, the advantages include ease of starting and ending the business, being your own boss, and retaining all profits, while the disadvantages are unlimited liability, limited financial resources, and overwhelming time commitment. Partnerships allow for more financial resources and pooled management but have disadvantages like unlimited liability and potential disagreements among partners. Franchises provide assistance from the franchisor but have large startup costs and restrictions from the franchise agreement.
Unit bm301 an introduction to the business environment-4
The document provides information about different types of businesses and how they are organized to achieve their targets. It describes:
1) Two types of businesses - a sole proprietorship and a private limited company - including their ownership, advantages, disadvantages and key differences.
2) How private limited companies and sole proprietorships are typically organized, including common roles and reporting structures within private limited companies.
3) Different types of business targets such as profitability, growth, customer service and competition; and ways businesses can achieve their targets such as breaking goals into steps, tracking progress, committing to plans and building support systems.
Forms of ownership
This document discusses different forms of business ownership, including sole traders and partnerships. Sole traders have one owner who is solely responsible for management but also bears unlimited liability. Partnerships involve two or more owners who combine capital, skills, and abilities, allowing for greater financial strength but also joint liability. Key advantages of partnerships include easier access to capital and a wider range of expertise, while disadvantages include potential conflicts between partners and difficulty making urgent decisions. The document also outlines what is typically included in a partnership agreement.
Management Old
The document discusses four main types of business ownership structures in South Africa: sole proprietorships, partnerships, close corporations (CCs), and private companies. It provides details on the key characteristics of each, including their legal structure, ownership, liability, taxation, and advantages and disadvantages. A sole proprietorship is owned and operated by one individual, while a partnership involves two to twenty partners. A CC is a legal entity with one to ten members, and a private company can have up to fifty shareholders.
The Legal Forms Of Business
The document discusses different forms of business organization including sole proprietorships, partnerships, and limited companies. A sole proprietorship is owned and run by one person, while partnerships have two or more owners. Limited companies separate ownership and management, have shares that can be publicly traded, and provide owners with limited liability. Key factors to consider when choosing a business structure include the number of owners, tax implications, risk, and ability to raise capital.
Recommended
Corporate law presentation HNDA Sliate
A share certificate contains important details about a shareholder's ownership of company shares, including:
1) The name of the company and shareholder
2) The number and distinctive numbers of shares held
3) Whether the shares are fully or partly paid.
A share warrant is a negotiable instrument that allows the bearer to own a specified number of shares. It requires government approval to issue and can be transferred by delivery. In contrast, a share certificate provides registered proof of title.
Insider dealing involves the illegal buying or selling of shares by people with special, non-public information about a company because of their role within the company. They profit by trading on or sharing this price-sensitive insider
Forms of Business
There are three main types of business structures: sole proprietorship, partnership, and corporation. A sole proprietorship has only one owner who is responsible for all profits, losses, assets, and liabilities. A partnership has two or more owners who contribute resources and divide profits. General partnerships have unlimited liability for all partners while limited partnerships limit liability for some partners. A corporation is a separate legal entity from its owners, with ownership represented by stock shares. Stockholders have limited liability but limited involvement, while a board of directors controls corporate operations.
Legal identities
This document discusses different forms of business organization for small businesses, including sole proprietorships, partnerships, limited companies, and cooperatives. It provides information on setting up each structure, their legal responsibilities and requirements, advantages, and disadvantages. The key points covered are limited liability for shareholders in a limited company, the memorandum and articles of association that establish a limited company, the partnership agreement that governs a partnership, equal voting and profit sharing in cooperatives, and factors to consider when choosing the appropriate business structure like liability, record keeping requirements, raising money, and tax implications.
Business Studies. grade 8
This document is an introduction to a business studies textbook that will cover different forms of business ownership including sole proprietorships, partnerships, and franchises. It provides an overview of each type of ownership, listing their key advantages and disadvantages. For sole proprietorships, the advantages include ease of starting and ending the business, being your own boss, and retaining all profits, while the disadvantages are unlimited liability, limited financial resources, and overwhelming time commitment. Partnerships allow for more financial resources and pooled management but have disadvantages like unlimited liability and potential disagreements among partners. Franchises provide assistance from the franchisor but have large startup costs and restrictions from the franchise agreement.
Unit bm301 an introduction to the business environment-4
The document provides information about different types of businesses and how they are organized to achieve their targets. It describes:
1) Two types of businesses - a sole proprietorship and a private limited company - including their ownership, advantages, disadvantages and key differences.
2) How private limited companies and sole proprietorships are typically organized, including common roles and reporting structures within private limited companies.
3) Different types of business targets such as profitability, growth, customer service and competition; and ways businesses can achieve their targets such as breaking goals into steps, tracking progress, committing to plans and building support systems.
Forms of ownership
This document discusses different forms of business ownership, including sole traders and partnerships. Sole traders have one owner who is solely responsible for management but also bears unlimited liability. Partnerships involve two or more owners who combine capital, skills, and abilities, allowing for greater financial strength but also joint liability. Key advantages of partnerships include easier access to capital and a wider range of expertise, while disadvantages include potential conflicts between partners and difficulty making urgent decisions. The document also outlines what is typically included in a partnership agreement.
Management Old
The document discusses four main types of business ownership structures in South Africa: sole proprietorships, partnerships, close corporations (CCs), and private companies. It provides details on the key characteristics of each, including their legal structure, ownership, liability, taxation, and advantages and disadvantages. A sole proprietorship is owned and operated by one individual, while a partnership involves two to twenty partners. A CC is a legal entity with one to ten members, and a private company can have up to fifty shareholders.
The Legal Forms Of Business
The document discusses different forms of business organization including sole proprietorships, partnerships, and limited companies. A sole proprietorship is owned and run by one person, while partnerships have two or more owners. Limited companies separate ownership and management, have shares that can be publicly traded, and provide owners with limited liability. Key factors to consider when choosing a business structure include the number of owners, tax implications, risk, and ability to raise capital.
Formation of company
This document discusses the definition and role of promoters in the formation of a company under Indian law. It provides definitions of promoters from various sources and outlines their fiduciary duties. The document also discusses the rights and liabilities of promoters, including any liability for misstatements in prospectuses or misfeasance. It notes that pre-incorporation contracts signed on behalf of a company are not binding on the company once formed, with the promoter taking personal liability instead.
Unit 2 forms of business ownership
This document discusses different forms of business ownership including sole proprietorships, partnerships, corporations, and franchises. Sole proprietorships are owned and managed by one individual, while partnerships involve two or more individuals co-owning a business. Corporations are owned by shareholders but treated as a legal entity that can own property and make contracts. Franchises involve a franchiser selling rights to use their name and sell products to a franchisee.
Formation of company 1
The document discusses the key stages in forming a company in India: 1) Promotion, where promoters conceive the business idea and prepare documents; 2) Incorporation, which gives the company a legal identity through registration; 3) Capital subscription, where the company raises funds through share issuance; and 4) Commencement of business, where the company receives approval to begin operations. Promoters play an important role in establishing the company and have both rights and responsibilities regarding disclosure and profits.
Advantages and Disadvantages of Incorporating as a Not-for-profit
This document discusses the advantages and disadvantages of incorporating as a not-for-profit organization. It provides an overview of key topics related to not-for-profit status under tax law, maintaining tax-exempt status, and the differences between charities and not-for-profit organizations. The document also examines the benefits of incorporation such as limited liability, as well as potential disadvantages like increased compliance requirements and liability risks for directors and officers. It outlines the process for incorporating as a not-for-profit in Canada.
Types of Business Ownership
This document discusses the four main types of business ownership: sole proprietorship, partnership, corporation, and cooperative. It provides details on the characteristics of each: sole proprietorships have one owner who is fully responsible for profits and losses; partnerships split ownership between two or more individuals; corporations separate ownership into shares that can be publicly traded; and cooperatives are owned by their workers or users. Franchises are also discussed, which license a business model to local operators.
Definition of an LLC: Limited Liability Company
An LLC can be made up of a single partner (one-person company with limited responsibilities), or of several (up to a limit of 100). They can be natural or legal persons (a company can therefore be associated with a Limited Company Registration). The particularity of the LLC for the partners is the limit of losses to the amounts of their contribution. Even if in some cases, which we will see below, this limit can be lifted. In return for their contributions, the partners have the right to vote during meetings and they can participate in decisions in the life of the company.
https://bit.ly/2TF4OhS
Forms of business
This document provides an overview of different forms of business ownership including sole proprietorship, partnership, Hindu Undivided Family (HUF), cooperative society, private company, public company, and limited liability partnership. It discusses the key characteristics, advantages, and limitations of each form. The stages of forming a company including promotion, incorporation, and commencement of business are also outlined.
3.3 Types of Business Ownership 1
This document outlines three basic types of business ownership - sole proprietorships, partnerships, and corporations. It describes the key characteristics of each type including advantages and disadvantages. For sole proprietorships, it notes they are the most common but offer unlimited liability. Partnerships allow for shared decision-making but may lead to disagreements. Corporations offer limited liability but have higher start-up costs and regulations. The document also briefly discusses other options like buying an existing business, franchises, or family businesses.
Legal forms of business 2015
This document discusses different types of business structures including sole traders, partnerships, private limited companies, public limited companies, cooperatives, and franchises. It provides details on their key characteristics such as ownership, liability, management, and financing. For example, it states that a sole trader is an individual who owns and runs the business independently but has unlimited liability, while a partnership has between 2 to 20 partners who share profits but also have unlimited liability. It also outlines the differences between private and public limited companies in terms of shareholders, share trading, and financial reporting requirements.
Forms of ownership
The document discusses various forms of business ownership including sole trader, partnership, private company, and public company. A sole trader is owned and managed by one individual, while a partnership involves two to twenty partners who share profits and losses. A private company has shareholders with limited liability, and a public company may offer shares to the public. When choosing a form of ownership, business owners should consider factors like liability, ease of formation, ability to raise funds, and tax implications.
ACH 218 Lecture 03 (Organizational Structure) Part1
The document discusses different types of legal organizational structures for construction companies, including sole proprietorships, partnerships, corporations, S-corporations, employee stock ownership plans (ESOPs), and limited liability companies (LLCs). Each structure has different legal, tax, and financial implications to consider regarding ownership, liability, taxation, and other factors. The document provides details on the advantages and disadvantages of each type of structure.
Holding & subsidary Company
As per Companies Act, 1956 :
Holding Company: A holding company is a parent company that owns enough voting stock(more than 50%) in a subsidiary to make management decisions , influence and contorl the company's board of directors
How to Open an Exempted Limited Partnership in Cayman Islands
The document discusses how to open an exempted limited partnership in the Cayman Islands. An exempted limited partnership has at least one general partner who has unlimited liability and fulfills managerial duties, and one limited partner. To register, founders provide incorporation documents and pay fees to the Registrar. Exempted limited partnerships are not subject to Cayman Island taxes for 50 years. The document provides an overview of exempted limited partnership requirements and registration process in the Cayman Islands.
Company accounts
A company must comply with certain legal requirements including having a memorandum and articles of association, a director, and paying compliance costs. A company can be a private or public limited company. Company accounts are highly regulated to ensure transparency and standardization in what information they contain, the accounting methods used, and how they are presented. All listed EU companies must follow International Accounting Standards Board standards when preparing accounts, while other UK companies can follow IASB or UK standards. Financial statements that are presented include a statement of financial position, statement of income, statement of changes in equity, statement of cash flows, accounting policies, and explanatory notes.
Mba1034 cg law ethics week 11 business ownership 2013
The document discusses different forms of business ownership including sole proprietorships, partnerships, corporations, S-corporations, and limited liability companies (LLCs). It provides details on the key characteristics of each type of ownership such as liability, taxation, formation requirements, and ownership structure. The types of ownership vary in terms of liability, ease of formation, governance, and flexibility. Choosing the right structure depends on factors like tax considerations, liability exposure, capital needs, and control.
10 things non executive directors can do to satisfy their legal responsibilities
The 2006 UK Companies Act, which sets out the legal duties and responsibilities of Company Directors, is one of the longest pieces of legislation ever written. Falling foul of the law can have serious consequences for directors including personal and potential criminal liability yet many directors, particularly NEDs, take on their roles in blissful ignorance of the law.
Before becoming a company director you should have a basic understanding of your legal duties and responsibilities and you should check for indemnity provisions in the company articles of association and your Directors’ and Officers’ (D&O) insurance arrangements.
Once in post, here are 10 things you can do to avoid the potential pitfalls:
Forms of business activity
The document discusses the main forms of business organization in the private sector, including sole proprietorships, partnerships, private limited companies, public limited companies, cooperatives, joint ventures, and franchises. It provides details on the key characteristics of each form as well as the main advantages and disadvantages.
PPT on contracts
The document discusses key considerations for choosing a legal structure for a business, including entity types like sole proprietorships, partnerships, private limited companies, one person companies, and LLPs. It covers factors to evaluate like flexibility, control, capital requirements, taxes, and complexity. The importance of legal contracts like founders agreements, shareholders agreements, and employment agreements is emphasized. Fundamental rules for company incorporation, employment agreements, and founders agreements are outlined.
Bba 1 ibo u 4 company secretary& company meetings
The document discusses the roles and responsibilities of company secretaries. It begins by defining what a secretary is and their meaning under law. It then outlines the various roles a secretary plays as a servant, agent, and officer of the company. As agent, they are responsible for administrative matters but should not mix personal interests. As officer, they are entitled to certain rights and ensure affairs are legal. As advisor, they guide directors and oversee daily activities. The document also details qualification requirements, appointment process, rights and duties of secretaries. It concludes by covering topics like types of company meetings, when they are held, and business conducted.
Lesson 5 2
There are several forms of business ownership including proprietorships, partnerships, and corporations. Proprietorships are owned and run by one person, partnerships are owned by two or more individuals who share profits and losses, and corporations are separate legal entities with stockholders and boards of directors. Other forms include limited liability partnerships, joint ventures, S-corporations, limited liability companies, nonprofits, franchises, and cooperatives. Each form has different legal requirements, levels of control, responsibility for profits and losses, and liability.
companiesact.pptx
This document provides information on companies under the Companies Act 2013 in India. It discusses the nature of companies including their legal status as separate legal entities with perpetual succession. It describes different types of companies based on liability, mode of incorporation, ownership, jurisdiction, control/shareholding. Key aspects of private and public companies are compared. The document also covers the formation process of companies, contents of the memorandum and articles of association, types of alterations that can be made to these documents, prospectuses, liability for misstatements in prospectuses, the board of directors including their powers and duties, and liabilities of directors.
More Related Content
What's hot
Formation of company
This document discusses the definition and role of promoters in the formation of a company under Indian law. It provides definitions of promoters from various sources and outlines their fiduciary duties. The document also discusses the rights and liabilities of promoters, including any liability for misstatements in prospectuses or misfeasance. It notes that pre-incorporation contracts signed on behalf of a company are not binding on the company once formed, with the promoter taking personal liability instead.
Unit 2 forms of business ownership
This document discusses different forms of business ownership including sole proprietorships, partnerships, corporations, and franchises. Sole proprietorships are owned and managed by one individual, while partnerships involve two or more individuals co-owning a business. Corporations are owned by shareholders but treated as a legal entity that can own property and make contracts. Franchises involve a franchiser selling rights to use their name and sell products to a franchisee.
Formation of company 1
The document discusses the key stages in forming a company in India: 1) Promotion, where promoters conceive the business idea and prepare documents; 2) Incorporation, which gives the company a legal identity through registration; 3) Capital subscription, where the company raises funds through share issuance; and 4) Commencement of business, where the company receives approval to begin operations. Promoters play an important role in establishing the company and have both rights and responsibilities regarding disclosure and profits.
Advantages and Disadvantages of Incorporating as a Not-for-profit
This document discusses the advantages and disadvantages of incorporating as a not-for-profit organization. It provides an overview of key topics related to not-for-profit status under tax law, maintaining tax-exempt status, and the differences between charities and not-for-profit organizations. The document also examines the benefits of incorporation such as limited liability, as well as potential disadvantages like increased compliance requirements and liability risks for directors and officers. It outlines the process for incorporating as a not-for-profit in Canada.
Types of Business Ownership
This document discusses the four main types of business ownership: sole proprietorship, partnership, corporation, and cooperative. It provides details on the characteristics of each: sole proprietorships have one owner who is fully responsible for profits and losses; partnerships split ownership between two or more individuals; corporations separate ownership into shares that can be publicly traded; and cooperatives are owned by their workers or users. Franchises are also discussed, which license a business model to local operators.
Definition of an LLC: Limited Liability Company
An LLC can be made up of a single partner (one-person company with limited responsibilities), or of several (up to a limit of 100). They can be natural or legal persons (a company can therefore be associated with a Limited Company Registration). The particularity of the LLC for the partners is the limit of losses to the amounts of their contribution. Even if in some cases, which we will see below, this limit can be lifted. In return for their contributions, the partners have the right to vote during meetings and they can participate in decisions in the life of the company.
https://bit.ly/2TF4OhS
Forms of business
This document provides an overview of different forms of business ownership including sole proprietorship, partnership, Hindu Undivided Family (HUF), cooperative society, private company, public company, and limited liability partnership. It discusses the key characteristics, advantages, and limitations of each form. The stages of forming a company including promotion, incorporation, and commencement of business are also outlined.
3.3 Types of Business Ownership 1
This document outlines three basic types of business ownership - sole proprietorships, partnerships, and corporations. It describes the key characteristics of each type including advantages and disadvantages. For sole proprietorships, it notes they are the most common but offer unlimited liability. Partnerships allow for shared decision-making but may lead to disagreements. Corporations offer limited liability but have higher start-up costs and regulations. The document also briefly discusses other options like buying an existing business, franchises, or family businesses.
Legal forms of business 2015
This document discusses different types of business structures including sole traders, partnerships, private limited companies, public limited companies, cooperatives, and franchises. It provides details on their key characteristics such as ownership, liability, management, and financing. For example, it states that a sole trader is an individual who owns and runs the business independently but has unlimited liability, while a partnership has between 2 to 20 partners who share profits but also have unlimited liability. It also outlines the differences between private and public limited companies in terms of shareholders, share trading, and financial reporting requirements.
Forms of ownership
The document discusses various forms of business ownership including sole trader, partnership, private company, and public company. A sole trader is owned and managed by one individual, while a partnership involves two to twenty partners who share profits and losses. A private company has shareholders with limited liability, and a public company may offer shares to the public. When choosing a form of ownership, business owners should consider factors like liability, ease of formation, ability to raise funds, and tax implications.
ACH 218 Lecture 03 (Organizational Structure) Part1
The document discusses different types of legal organizational structures for construction companies, including sole proprietorships, partnerships, corporations, S-corporations, employee stock ownership plans (ESOPs), and limited liability companies (LLCs). Each structure has different legal, tax, and financial implications to consider regarding ownership, liability, taxation, and other factors. The document provides details on the advantages and disadvantages of each type of structure.
Holding & subsidary Company
As per Companies Act, 1956 :
Holding Company: A holding company is a parent company that owns enough voting stock(more than 50%) in a subsidiary to make management decisions , influence and contorl the company's board of directors
How to Open an Exempted Limited Partnership in Cayman Islands
The document discusses how to open an exempted limited partnership in the Cayman Islands. An exempted limited partnership has at least one general partner who has unlimited liability and fulfills managerial duties, and one limited partner. To register, founders provide incorporation documents and pay fees to the Registrar. Exempted limited partnerships are not subject to Cayman Island taxes for 50 years. The document provides an overview of exempted limited partnership requirements and registration process in the Cayman Islands.
Company accounts
A company must comply with certain legal requirements including having a memorandum and articles of association, a director, and paying compliance costs. A company can be a private or public limited company. Company accounts are highly regulated to ensure transparency and standardization in what information they contain, the accounting methods used, and how they are presented. All listed EU companies must follow International Accounting Standards Board standards when preparing accounts, while other UK companies can follow IASB or UK standards. Financial statements that are presented include a statement of financial position, statement of income, statement of changes in equity, statement of cash flows, accounting policies, and explanatory notes.
Mba1034 cg law ethics week 11 business ownership 2013
The document discusses different forms of business ownership including sole proprietorships, partnerships, corporations, S-corporations, and limited liability companies (LLCs). It provides details on the key characteristics of each type of ownership such as liability, taxation, formation requirements, and ownership structure. The types of ownership vary in terms of liability, ease of formation, governance, and flexibility. Choosing the right structure depends on factors like tax considerations, liability exposure, capital needs, and control.
10 things non executive directors can do to satisfy their legal responsibilities
The 2006 UK Companies Act, which sets out the legal duties and responsibilities of Company Directors, is one of the longest pieces of legislation ever written. Falling foul of the law can have serious consequences for directors including personal and potential criminal liability yet many directors, particularly NEDs, take on their roles in blissful ignorance of the law.
Before becoming a company director you should have a basic understanding of your legal duties and responsibilities and you should check for indemnity provisions in the company articles of association and your Directors’ and Officers’ (D&O) insurance arrangements.
Once in post, here are 10 things you can do to avoid the potential pitfalls:
Forms of business activity
The document discusses the main forms of business organization in the private sector, including sole proprietorships, partnerships, private limited companies, public limited companies, cooperatives, joint ventures, and franchises. It provides details on the key characteristics of each form as well as the main advantages and disadvantages.
PPT on contracts
The document discusses key considerations for choosing a legal structure for a business, including entity types like sole proprietorships, partnerships, private limited companies, one person companies, and LLPs. It covers factors to evaluate like flexibility, control, capital requirements, taxes, and complexity. The importance of legal contracts like founders agreements, shareholders agreements, and employment agreements is emphasized. Fundamental rules for company incorporation, employment agreements, and founders agreements are outlined.
Bba 1 ibo u 4 company secretary& company meetings
The document discusses the roles and responsibilities of company secretaries. It begins by defining what a secretary is and their meaning under law. It then outlines the various roles a secretary plays as a servant, agent, and officer of the company. As agent, they are responsible for administrative matters but should not mix personal interests. As officer, they are entitled to certain rights and ensure affairs are legal. As advisor, they guide directors and oversee daily activities. The document also details qualification requirements, appointment process, rights and duties of secretaries. It concludes by covering topics like types of company meetings, when they are held, and business conducted.
Lesson 5 2
There are several forms of business ownership including proprietorships, partnerships, and corporations. Proprietorships are owned and run by one person, partnerships are owned by two or more individuals who share profits and losses, and corporations are separate legal entities with stockholders and boards of directors. Other forms include limited liability partnerships, joint ventures, S-corporations, limited liability companies, nonprofits, franchises, and cooperatives. Each form has different legal requirements, levels of control, responsibility for profits and losses, and liability.
What's hot (20)
Advantages and Disadvantages of Incorporating as a Not-for-profit
Advantages and Disadvantages of Incorporating as a Not-for-profit
ACH 218 Lecture 03 (Organizational Structure) Part1
ACH 218 Lecture 03 (Organizational Structure) Part1
How to Open an Exempted Limited Partnership in Cayman Islands
How to Open an Exempted Limited Partnership in Cayman Islands
Mba1034 cg law ethics week 11 business ownership 2013
Mba1034 cg law ethics week 11 business ownership 2013
10 things non executive directors can do to satisfy their legal responsibilities
10 things non executive directors can do to satisfy their legal responsibilities
Similar to The Modern Corporation
companiesact.pptx
This document provides information on companies under the Companies Act 2013 in India. It discusses the nature of companies including their legal status as separate legal entities with perpetual succession. It describes different types of companies based on liability, mode of incorporation, ownership, jurisdiction, control/shareholding. Key aspects of private and public companies are compared. The document also covers the formation process of companies, contents of the memorandum and articles of association, types of alterations that can be made to these documents, prospectuses, liability for misstatements in prospectuses, the board of directors including their powers and duties, and liabilities of directors.
W8-9 Forms of Business Ownership.pdf.pdf
This document summarizes key topics related to forms of business ownership covered in weeks 8-9, including:
The three main forms of business organization - sole proprietorship, partnership, and limited liability company - and factors to consider when selecting one.
The advantages and disadvantages of partnerships and limited liability companies.
Additional specialized forms like cooperatives, joint ventures, and franchises.
The basic process for incorporating a company and trends that may affect future business organization like growth of the service sector.
A Comprehensive Guide to Launching Your Business: Company Incorporation
Company Incorporation :- Looking to start your own business? Let us help! Our consultation services specialize in company incorporation, making the process simple and hassle-free. With our expertise and guidance, you can focus on building your business while we take care of the legalities. Contact us today to learn more and get started on your entrepreneurial journey!
Legal Aspects of Business unit-II- Companies act
The document provides information on companies act 2013 and the nature and types of companies. It discusses key aspects of companies including their nature, memorandum of association, prospectus, board of directors, and liabilities of directors.
Specifically, it outlines 11 key aspects that define the nature of a company including being a separate legal entity, limited liability, and transferability of shares. It also describes the various types of companies based on liability, incorporation, ownership, jurisdiction, control and more. Furthermore, it explains the content and requirements of a company's memorandum of association and the process for any alterations.
The document also covers the definition and content required in a company prospectus. It discusses the power and duties of a board
The modern corporation (Base in Bangladesh)
Hope this will help you to create an presentation about The modern corporation(Base in Bangladesh)
Book: Introduction To Business (Chapter 3)
5.pptx
The three main forms of business organization are sole proprietorships, partnerships, and limited liability companies. When selecting a form, owners should consider their liability, ease of formation, ability to raise funds, taxes, control, attracting employees, and objectives. A partnership allows for capital availability and expertise but presents unlimited liability and potential conflicts. A limited liability company provides liability protection but involves more costs and regulations. Future business trends include growth in services for families and specialization through established franchises offering multiple concepts.
Companies Act 2013 (2).pptx
This document provides information on companies act 2013 and details regarding types of companies, private limited companies vs public limited companies, memorandum of association, articles of association, prospectus and formation of a company. It discusses the nature and characteristics of a company including perpetual succession, separate legal entity, transferability of shares, and more. It also summarizes key differences between private and public limited companies such as minimum members, transferability of shares, and deposit acceptance.
Forms of business ownership
The document discusses the three main forms of business organization: sole proprietorships, partnerships, and limited liability companies. It outlines the key factors to consider when selecting a business form, such as owner liability, ease of formation, ability to raise funds, and taxes. The advantages and disadvantages of each form are provided. Key elements of partnerships and limited liability companies are defined.
FORMATION OF COMPANIES.docx
A company is formed when a group of people come together to exploit business opportunities by pooling resources. There are four stages of company formation: promotion, selecting a company name, incorporation by registering with required documents, and raising share capital. Key documents include the Memorandum of Association, which defines the company's purpose and rules, and the Articles of Association, which contains internal regulations. A prospectus is issued to invite public investment and must contain specific details about the company and share offering.
incorporation of private limited company
The document discusses the process of forming a private limited company under Pakistan law. It goes through the four main stages: promotion, incorporation, subscription, and commencement. Key documents required include the memorandum of association, articles of association, forms 1, 21 and 29, and documents establishing minimum capital, shares, and directors. The roles of the Securities and Exchange Commission of Pakistan and registrar are outlined in reviewing and approving the application and documents.
economics management science
This document discusses different forms of business ownership and their key characteristics. It describes sole proprietorships, partnerships, private companies, public companies, and corporate corporations. For each form of ownership, it outlines advantages and disadvantages. Factors to consider when choosing a form of ownership include control, costs, liability, taxes, and legal requirements. Alternative approaches to starting a business mentioned are buying an existing business, entering a family business, or owning a franchise.
Unit 2 forms of business ownership
This document discusses different forms of business ownership including sole proprietorships, partnerships, corporations, and franchises. Sole proprietorships are owned and managed by one individual while partnerships involve two or more individuals co-owning a business. Corporations are owned by shareholders but treated as a legal entity that can own property, pay taxes, and make contracts. Franchises involve a franchiser selling rights to use their name and sell products to a franchisee in exchange for fees.
Forms-of-Business-Ownership modulee.pptx
The document discusses different forms of business ownership - sole proprietorship, partnership, and corporation. It outlines the key advantages and disadvantages of each form. Sole proprietorship is easiest to form but the owner has unlimited liability. Partnership allows for pooling of skills but partners have unlimited liability. Corporation provides limited liability but is more expensive to form due to legal requirements. The choice of form depends on factors like resources, objectives, and liability considerations.
Business law ppt
This is about complete information about registration and incorporation of Companies Act. Easy understanding with keeping good thought in mind and you may not require more to search other sites.
Incorporation of a company
The document discusses the Memorandum of Association (MOA) and Articles of Association (AOA) which are the primary documents required to incorporate a company. The MOA defines the core objectives and activities of the company, while the AOA contains rules for internal management. Both documents can be altered, but the MOA requires more formal processes like shareholder approval. Together they provide the framework and governance for a company's operations.
Unit 7-MOA - AOA - Prospectus - Inter - Commerce
Inter - I Year - Commerce - Formation of a company - Important documents - Memorandum of Association - Its Clauses - Articles of Association - Contents - Prospectus
MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION
The document provides definitions and explanations of a Memorandum of Association and Articles of Association. It explains that the MOA and AOA are the two key legal documents that define a company's limitations and governance. The MOA establishes the company's objectives and acts as its charter, while the AOA outlines rules for company operations, leadership, financial procedures, and shareholder rights and meetings. The document reviews the typical contents and requirements of a valid MOA under Indian law.
Pillay Ronal Anthony Roll no;79 assignment 1.pdf
The document discusses different types of business organizations including sole proprietorships, partnerships, corporations, and cooperatives. It covers the key characteristics of each type of business organization such as sole proprietorships being owned by one individual, partnerships having two or more owners who share profits and liability, corporations being legally separate entities from their owners with transferable shares, and cooperatives being jointly-owned organizations that provide services to their members. The document also compares the advantages and disadvantages of each type of business organization and factors to consider when choosing between them such as capital requirements, liability, and tax implications.
Convert Private to One Person Company
Formation and structuring of any business depends upon various factors like financial stability, control over business, management decisions etc. on basis of such factors businessperson decides to adopt model for his business that could be a sole proprietorship, partnership firm, company, HUF etc.
In India, setting up of business in form of a Company is highly favoured and accepted when compared with other forms of business. Although a Company itself can be incorporated into three categories, Private Limited Company or Public Limited Company or One Person Company, thereafter it can bifurcated as per the nature of business, capital, guarantee like non-profit organisation, Company limited by guarantee etc.
People were generally inclined towards formation of private company as it can be easily formed when compared to incorporation of a public limited company. However, with the enforceability of Companies Act, 2013, new concept in India, One Person Company has gained significant popularity due to its unique features like ownership and control is retained by single person similar to a sole proprietorship which makes the idea of incorporating a one person company lucrative to all sort of businessperson.
One Person Company is easily incorporated with sole member , one nominee and one director only. Any person can arrange for nominee and in almost every OPC sole member acts as director, thus there is no hassle in constituting board of director as required in case of private company. As OPC is a hybrid form of sole proprietorship and a private company it enjoys benefit of both including but not limited to full control over business, easy management, lesser compliance, separate legal entity etc.
Similar to The Modern Corporation (20)
A Comprehensive Guide to Launching Your Business: Company Incorporation
A Comprehensive Guide to Launching Your Business: Company Incorporation
MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION
MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION
Recently uploaded
一比一原版新西兰奥塔哥大学毕业证（otago毕业证）如何办理
一模一样【微信：A575476】【新西兰奥塔哥大学毕业证（otago毕业证）成绩单Offer】【微信：A575476】（留信学历认证永久存档查询）采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信：A575476】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
→ 【关于价格问题（保证一手价格）
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
9356872877Sattamatka.satta.matka.satta matka.kalyan weekly chart.kalyan chart.kalyan jodi chart.kalyan penal chart.kalyan today.kalyan open.fix satta.fix fix fix Satta matka nambar.❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Kalyan Satta Matka Guessing Matka Result Main Bazar chart
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
How MJ Global Leads the Packaging Industry.pdf
MJ Global's success in staying ahead of the curve in the packaging industry is a testament to its dedication to innovation, sustainability, and customer-centricity. By embracing technological advancements, leading in eco-friendly solutions, collaborating with industry leaders, and adapting to evolving consumer preferences, MJ Global continues to set new standards in the packaging sector.
Call8328958814 satta matka Kalyan result satta guessing
Satta Matka Kalyan Main Mumbai Fastest Results
Satta Matka ❋ Sattamatka ❋ New Mumbai Ratan Satta Matka ❋ Fast Matka ❋ Milan Market ❋ Kalyan Matka Results ❋ Satta Game ❋ Matka Game ❋ Satta Matka ❋ Kalyan Satta Matka ❋ Mumbai Main ❋ Online Matka Results ❋ Satta Matka Tips ❋ Milan Chart ❋ Satta Matka Boss❋ New Star Day ❋ Satta King ❋ Live Satta Matka Results ❋ Satta Matka Company ❋ Indian Matka ❋ Satta Matka 143❋ Kalyan Night Matka..
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
TIMES BPO: Business Plan For Startup Industry
Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
Leaders who possess self-awareness deeply understand their emotions, strengths, and weaknesses.
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Schedule Unveiled
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
Sattamatka.satta.matka.satta matka.kalyan weekly chart.kalyan chart.kalyan jodi chart.kalyan penal chart.kalyan today.kalyan open.fix satta.fix fix fix Satta matka nambarThe latest Heat Pump Manual from Newentide
𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
3 Simple Steps To Buy Verified Payoneer Account In 2024
Buy Verified Payoneer Account: Quick and Secure Way to Receive Payments
Buy Verified Payoneer Account With 100% secure documents, [ USA, UK, CA ]. Are you looking for a reliable and safe way to receive payments online? Then you need buy verified Payoneer account ! Payoneer is a global payment platform that allows businesses and individuals to send and receive money in over 200 countries.
If You Want To More Information just Contact Now:
Skype: SEOSMMEARTH
Telegram: @seosmmearth
Gmail: seosmmearth@gmail.com
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
2022 Vintage Roman Numerals Men Rings
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
Recently uploaded (20)
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...
Call8328958814 satta matka Kalyan result satta guessing
Call8328958814 satta matka Kalyan result satta guessing
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
The Heart of Leadership_ How Emotional Intelligence Drives Business Success B...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
The Most Inspiring Entrepreneurs to Follow in 2024.pdf
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
Dpboss Matka Guessing Satta Matta Matka Kalyan panel Chart Indian Matka Dpbos...
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
The Modern Corporation
- 1. Agenda What Is A Corporation ? How To Incorporate Advantages Of Corporate Organized Disadvantages Of Corporate Organized Business Combinations Acquisition Merger Others Types Of Corporations
- 2. What Is A Corporation? A legal entity that is established to perform a specific business.
- 3. How To Incorporate One incorporator, a corporation can be formed by simply filing an application for a charter with the respective state.
- 4. The Incorporator Will Put On Record Facts, Such As: 1. Company Name, Address Of Corporation 2. Purpose For Which The Corporation Is Being Formed 3. Length Of Life 4. Amount Of King Of Stock The Corporation 5. Power Of The Original Board Of Directors 6. Date And Time Of Shareholders 7. Names Of Initial Subscribers To Stock Shares 8. Procedure To Alter Or Repeal Any Provision
- 5. Advantages of Corporate Organized Limited liability Ease of transferring ownership Ease of Expansion Relatively long life Greater ability to hire specialized management.
- 6. Disadvantages of Corporate Organized Difficulty And Expense Of Starting Lack Of Control Government Involvement Credit Limitation
- 7. BUSINESS COMBINATIONS • Achieve greater profitability, efficiency and competitiveness.
- 8. Acquisition • One firm buys a majority interest in another, but both retain their identities. For Example: Investment Corporation Of Bangladesh (ICB)
- 9. Merger • Two or more companies become a single enterprise. For Example: Renault And Nissan
- 10. Different Types Of Merger Horizontal Merger Vertical Merger Conglomerate Merger
- 11. Others Types Of Corporations Government Corporation Nonprofit Corporation Cooperatives