CORPORATION. The Three Main Forms Of Business Ownership Are Sole Proprietorship,

yz CORPORATION. The three main forms of care self-command are buffet up proprietorship, partnership, and pile. In terms of size, influence, and visibility, the corporation has become the superior business form existing in the United States, Canada, Japan, the nations of western Europe, and in most other free-market economies. Origins. The first corporations were towns, universities, and monastic orders in the diaphragm Ages. They differed from partnerships in that they existed independently of any particular membership, and every assets and holdings belonged to the corporation itself.

A unique feature of corporate ownership was spelled step forward by the English courts during the 15th speed of light in a legal principle called limited liability. This mean that what is owed to the corporation is not owed to the individuals in the convention that make up the corporation; and what the group owes is not owed by the individuals that make it up. Hence, if a corporation goes soften a...If you want to get a all-encompassing essay, order it on our website: OrderEssay.net

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