A corporation is a business that is owned by the public. People own the cooperation through shares of stock. There are two types of stock shares common stock and preferred stock. Preferred stock get first dibs on dividends but does not carry any voting rights. Common stock get the left overs of the dividends but hold voting rights according to how much stock they own. There is also capital stock. Capital stock is the stock that represents the initial capital invested in the corporation. Because people can buy and resell stock there is a vast amount of resources for investment. This vast amount of investment resources makes it less apt to die out as compared to an entrepreneurship where this is only 1 resource.
private
corporations
A business owned by stockholders is known as a _corporation_.
Any business that is owned by its stockholders is said to be a corporation.
Corporations try to protect the interest of stockholders by maximizing profits. The more money they more, the more money they will have for their investors.
private corporations
private corporations A+
private
corporations
Corporations are businesses owned by stockholders
All corporations are owned by stockholders. Every corporation is required to issue stock.
All corporations are owned by stockholders. Every corporation is required to issue stock.
No. They are owned by the stockholders, like most large corporations.
A business owned by stockholders is known as a _corporation_.
Any business that is owned by its stockholders is said to be a corporation.
beer
A corporation is owned by its stockholders.