MGT100 - Corporation

Front

legal entity created by law that has the legal business rights of a person.

Back

Corporation

Front

piece of ownership in a corporation

Back

stock

Front

corporation who stock can be bought and sold on a stock exchange

Back

open corporation

Front

corporation chartered by a foreign gov't and conducted in the U.S.

Back

alien

Front

stock owned that allows for voting rights

Back

common stock

Front

top governing body of corporation that is elected by stockholders

Back

board of directors

Front

Owners of a corporation

Back

stockholders

Front

A major advantage of a corporation includes; control, limited liability, specialty taxes, ease of formation

Back

limited liability