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Author Question: Briefly explain the concept of a corporation. What will be an ideal ... (Read 410 times)

theo

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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

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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

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Reply #2 on: Aug 3, 2018
Thank you!


zenzy

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Reply #3 on: Aug 3, 2018
Always glad to help...


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