Intel A Corporation A corporation is a armed services control concern that, although owned by one or to a greater extent investors, lawfully has the rights and duties of an individual. Corporations have the right to buy, sell, and own property. Corporations whitethorn make reasoned contracts, hire and fire workers, set prices, and be sued, fined, and taxed. A business must obtain a enlist of incorporation from a state legislature or sexual congress to be legitimately recognized as a corporation.(Watson, p211) temporary hookup corporations didnt exist until the middle to late 1800s, the idea of the corporation had existed since the primordial 1600s.
It all started with slope merchants who started trading companies to help fund the early on colonies. If the colonies thrived, the stockholders reaped in the profit. (Watson, p211) A corporation is started when a sole proprietorship, a one-owner business, that is the most everyday form of business institution in the US, or a partnership, an association of two or more people in order to run a business...If you extremity to get a full essay, order it on our website:
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