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Author Question: Briefly explain the concept of a corporation. What will be an ideal ... (Read 747 times)

theo

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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

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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

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zenzy

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