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A corporation is a lage company which has shareholders, a president or CEO, and an appointed board of directors. The process for becoming a corporation involves an Initial Public Offering (IPO) on a stock exchange.
A trust is an arrangement between corporations which forms one governing entity, which may fix prices, create anti-cross-hiring rules, or engage in other monopolistic practices amongst the companies involved.
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Explain the case of Charitable Corporation v Sutton?
1742 court decision held that the director of a company has duties he is bound to re the company in the same manner that a trustee is bound to duties with respect things held in trust. (go to www.Charitable Corporation vs Sutton)
When the first letter of different words creates a word?
This icalled an Acronym. For example - BBC - British Broadcasting Corporation
What is Washington state's economy based on?
trust trust trust
What statement provides the best description of the Brain Trust?
The Brain Trust is a group of scholars and experts that advised the president (Franklin D. Roosevelt) with ideas about the new deal.
How did the Lockheed Corporation become Lockheed Martin?
In 1995 Lockheed merged with Martin Marietta Corporation
