answersLogoWhite

0

What kind of person is a corporation?

Updated: 9/26/2023
User Avatar

Wiki User

7y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What kind of person is a corporation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is Ben and Jerry's a corporation?

Kind of. I would call it a company not a corporation though.


What 2004 Canadian documentary argues that if the corporation is a legal person then the corporation is also clinically psychopathic?

The Corporation


Can one person be a corporation?

One person cannot be their own corporation. This is because there are too many jobs to be done by one person efficiently.


Can a corporation be a partner in a partnership?

Yes. A corporation is an artificial person but is a person according to the law and thus can be a partner in a partnership.


What does it mean when someone says a corporation is an artificial person created by law?

It basically means that for certain legal purposes, a corporation is similar to a person. For example, a corporation can own property, and have certain responsibilities.


What does it mean when someone says that a corporation is an artificial person created by law?

It basically means that for certain legal purposes, a corporation is similar to a person. For example, a corporation can own property, and have certain responsibilities.


WHAT IS A Solo professional corporation?

A solo professional corporation is a corporation operated with one person as the board of directors. This corporation is usually for an individual who wants to run a business solely.


Is the NFL a corporation?

YES what kind of organization?


What kind of corporation is NASA?

NASA is a government agency, specifically a civilian organization within the federal government of the United States. It is responsible for the nation's civilian space program and for aeronautics and aerospace research.


One person forms corporation and holds all the shares are they considered the owner of the corporation?

Yes.


How many people own a corporation?

Most corporations can be owned by any number of people. Ownership in a corporation is represented by shares of stock. Each "share" represents an equal portion of ownership, and can be owned by a single person, more than one partners, or even another corporation. A special kind of corporation, called a Subchapter-S Corporation, receives certain tax benefits but cannot have more than 75 individual owners at a time.


As a guarantor of a corporation can you be sued for the debts that they did not satisfy?

Of course. That's why a person becomes a guarantor -- to satisfy the corporation's debts if the corporation is unable to do so.