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- A corporation is a legal entity that is separate and distinct from its owners123. It possesses many of the same rights and responsibilities as individuals, including the ability to enter contracts, borrow money, sue and be sued, hire employees, own assets, and pay taxes2. Corporations are authorized by the state in which they are registered to operate and function almost like artificial persons3. They can transfer ownership through stock sales and exist indefinitely1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Corporations are entities that act as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a company which has been incorporated can easily transfer ownership through stock sales and exist indefinitely.www.law.cornell.edu/wex/corporationsA corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals. They can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes.www.investopedia.com/terms/c/corporation.aspA corporation is a type of business entity that is authorized, by the state in which it is registered, to operate. A corporation functions almost like an artificial person in carrying on its business, or other activities. In fact, a properly formed corporation is a legal entity endowed with the characteristic of “personhood.”legaldictionary.net/corporation/
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- nouncorporation (noun) · corporations (plural noun) · municipal corporation (noun) · municipal corporations (plural noun)Originlate Middle English: from late Latin corporatio(n-), from Latin corporare ‘combine in one body’ (see corporate).
Corporation: What It Is and How To Form One - Investopedia
A corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals. They can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes. A distinguishing … See more
A corporation is created when a business is incorporated by a group of shareholders with a common goal. Shareholders share ownership of a business, as represented by their holding of stock shares. Corporations may … See more
Each state has its own laws regarding incorporation. Most states require the owners to file articles of incorporation with the state and then … See more
Incorporation can be ended using the process called liquidation. This may result from a voluntary decision to cease operations or may be … See more
The shareholders of a corporation typically receive one vote per share and may hold an annual meeting during which they elect a board of directors.The board hires and oversees … See more
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corporations | Wex | US Law | LII / Legal Information Institute
WEBWex. corporations. Corporations are entities that act as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a …
Corporation - Definition, Examples, Cases, Processes - Legal …
WEBJun 10, 2016 · Corporation defined and explained with examples. A corporation is a legal business entity in which the owners are protected from liability for the company's actions.
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CORPORATION Definition & Meaning - Black's Law Dictionary
WEBFind the legal definition of CORPORATION from Black's Law Dictionary, 2nd Edition. An artificial person or legal entity created by or under the authority of the laws of a state or …
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Corporate law - Wikipedia
Corporate law (also known as business law, company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations. Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corpora…
Wikipedia · Text under CC-BY-SA license- Estimated Reading Time: 9 mins
Corporation | Definition, History, & Facts | Britannica Money
WEBApr 12, 2024 · corporation, specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. As …
Corporation Basics | What Is a Corporation? | Nolo
WEBA corporation is a distinct legal business entity, meaning the business owns property, pays taxes, and enters into contracts separate from its owners. The ownership and …
Understanding the Legal Definition of a Corporation
WEBIn simple terms, a corporation is a legal entity that is formed when a group of individuals come together with a common purpose. This entity is created under the laws of a city, …
Corporation - Wikipedia
WEBA corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law …
business | Wex | US Law | LII / Legal Information Institute
WEBWex. business. A business involves a natural person or entity performing an activity or trade with the intent of making a profit. The activity or trade may be commercial, …
What is a Corporation? (Definition and guide) - Chamber Of …
WEBOct 23, 2023 · Corporations may be defined as legal entities formed by individuals, shareholders, or stockholders with the primary goal of generating a profit. …
United States corporate law - Wikipedia
WEBUnited States corporate law regulates the governance, finance and power of corporations in US law.
Corporation legal definition of corporation
WEBa group of persons who are deemed in law to be a single legal entity. The corporate entity is legally distinct from its members; it has legal personality and can hold property, …
What Is Corporate Law? | LegalMatch
WEBFeb 17, 2022 · Corporate law refers to the body of laws and regulations which govern how corporations are formed, as well as their interactions with other companies, …
What is a Corporation? - Various Types and Reasons to Incorporate
WEBA corporation is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations are allowed to enter into …
What Is Corporate Law? - FindLaw
WEBApr 10, 2024 · A corporation is a legal entity created under state law. The law treats a corporation as an entity separate from its owners, or shareholders, who own stock in …
What is a corporation? A definition of the legal entity - IONOS
WEBSep 12, 2023 · Definition: corporation. A corporation is an institution that is founded by one or several people with legal personality and follows a specific (usually …
Definition of CORPORATION • Law Dictionary • TheLaw.com
WEBCORPORATION. TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed. A legal entity that is authorized by state law to act as a legal person apart for the persons …
Definition of a corporation | Internal Revenue Service
WEBDec 26, 2023 · In general, a corporation is formed under state law by the filing of articles of incorporation with the state. The state must generally date-stamp the articles before …
FTC bans employers from using noncompete clauses | CNN …
WEBApr 23, 2024 · The Federal Trade Commission on Tuesday voted to ban for-profit US employers from making employees sign agreements with noncompete clauses. Such a …
Examples of 'Corporation' in a Sentence | Merriam-Webster
WEBDec 10, 2023 · noun. Definition of corporation. Synonyms for corporation. He works as a consultant for several large corporations. And some of those corporations took a …
corporation | Wex | US Law | LII / Legal Information Institute
WEBA corporation is an entity that acts as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a company …
Supreme Court will hear ghost guns case | AP News
WEBUpdated 7:31 AM PDT, April 22, 2024. WASHINGTON (AP) — The Supreme Court agreed on Monday to take up a Biden administration appeal over the regulation of difficult-to …
entity | Wex | US Law | LII / Legal Information Institute
WEBAn entity refers to a person or organization possessing separate and distinct legal rights, such as an individual, partnership, or corporation. An entity can, among …
Fact Sheet on FTC’s Proposed Final Noncompete Rule
WEBApr 23, 2024 · Fewer than 1% of workers are estimated to be senior executives under the final rule. Specifically, the final rule defines the term “senior executive” to refer to workers …
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WEB2 days ago · Adding IHRA’s definition to the law would allow the federal Department of Education to restrict funding and other resources to campuses perceived as tolerating …
Workday AI Bias Case Tests EEOC Definition of Employment …
WEB5 days ago · The EEOC’s recent amicus brief expands the traditionally-held definition of “employment agency” and steps beyond the commission’s existing guidance on AI bias. …
public corporation | Wex | US Law | LII / Legal Information Institute
WEBA public corporation is a company whose shares are listed to be traded on a public market, such as the New York Stock Exchange (NYSE). When a company goes public, …
These 70 Dems, 21 Republicans Vote Against Campus
WEB2 days ago · These 70 House Democrats and 21 Republicans voted against a bill to crack down on antisemitism on college campuses. Bryan Metzger. May 1, 2024, 2:12 PM PDT. …
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WEB5 days ago · The Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship, announced today that the temporary policy allowing students to work more …
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