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 edict to mention all the advantages and disadvantages of incorporating a business, first I should canvas to explain what a corporation is. In 1819, Chief reviewer Marshall of the United States Supreme court said: " A corporation is an artificial being, invisible, intangible, and existing only in manifestation of the law.

" In the Websters College Dictionary corporation is defined as "an association of individuals, created by law and having an existence apart from that of its members as organic as distinct and inherent powers and liabilities." A corporation is cut off 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 nurse be sold at any time without take on on the ope...If you want to get a full essay, cabaret it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper