Sole Proprietorship - A business firm owned (and usually managed) by a single person who bears full legal liability for the firms debts.
Partnership – A business firm owned by two or more persons, with each person bearing full legal liability for the firm’s debts.
Corporation – A business firm which is a separate legal entity from its owners, or shareholders, each of whose liability is limited to the amount of his or her investment in the firm.
Conglomerate – A group of seemingly unrelated types of corporations controlled in varying degrees by a central management group, through “holding companies” which own shares in those corporations.
Crown Corporation – A corporation owned by a government, being ultimately responsible, through a cabinet minister, to that government.
Proxy – A legal instrument whereby a shareholder’s right to vote at shareholder’s meetings is delegated to another person, either with or without specific instructions as to how that vote will be exercised.
Board of Directors – A group of people elected by the shareholders of a corporation to provide direction to the management of the corporation.
http://www.forexforexforexforex.com/
Winnipeg High Efficiency Furnace Service
Quality Inn Winnipeg Extended Stay Hotel
Related Websites - Do You Enjoy Your Home Based Business? Planting The Seeds Of A Home Based Business. Since I was a small boy I always liked the idea of owning my own business. When I was 16 I use to stay up late at night watching all the infomercials,...
- Do You Live Within Your Means? Are you living within your means? Are you guilty of lifestyle inflation? What does this mean? Living with your means is something that our generation is really struggling with. We are all guilt of this. Instead of stress about this,...
- Can Small Businesses Teach Blue Chip Corporations Something About Paying Profits? While I had a bunch of different titles for this post including “Would You Invest in a Variable Dividend Paying Stock?†and “Is there a Better Way to Pay Dividends?†I went with this one because I can’t believe that...
- The Best Story in Rare Coin Collecting There are many reasons why a coin will become rare and collectible. It may be that it was a commemorative coin which was intended to be rare and instantly collectible. It can also be because the coin was taken out...