[Answered] Briefly explain the concept of a corporation. What will be an ideal ...

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Author Question: Briefly explain the concept of a corporation. What will be an ideal ... (Read 412 times)

theo

Hero Member
Posts: 698

on: Aug 3, 2018

Briefly explain the concept of a corporation.

What will be an ideal response?

Question 2

A local building code enacted by a city council is considered what type of law?

A) case law
B) ordinance
C) statute
D) executive order

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zenzy

Sr. Member
Posts: 336

Reply #1 on: Aug 3, 2018

Answer to Question 1

It is an artificial entity owned by shareholders and managed by a board of directors, formed
under state law.

Answer to Question 2

B

theo

Hero Member
Posts: 698

Reply #2 on: Aug 3, 2018

Thank you!

zenzy

Sr. Member
Posts: 336

Reply #3 on: Aug 3, 2018

Always glad to help...

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