what agency relationship exists in a corporation?
Then it no longer exists.
what agency relationship exists within a corporation
A corporation is a legal entity separate from its owners that is formed to conduct business activities, with ownership being held by shareholders who have limited liability for the company's debts and obligations.
yes, it does. 1944 - The company was incorporated on 11th September, at Calcutta.
No. LaSalle Bank as an entity no longer exists because it was merged with Bank of America on October 1, 2007.
A corporation can own itself. There can be just one owner or there can may owners of the corporation.
The Federal Deposit Insurance Corporation (FDIC) was and remains the New Deal program that exists to insure monies in US banks.
No it does not because it just let you know that it exists.
No, a corporation is a legal entity separate from its owners that can enter contracts, sue and be sued, and more. While it is created through legal documents, it is a real entity that conducts business operations, generates revenue, and has obligations and responsibilities.
Although a corporation exists for the purpose of creating a profit for its shareholders, it is also recognized that a corporation can play a significant role in society, for good or for ill, and it has responsibilities to make society better, not worse, much like the responsibilities of the individual members of society. If a corporation makes a profit at the expense of harming the society in which it exists (for example, through highly toxic pollution) then it is not a good corporate citizen.
The Liberty Corporation, a media company originally based in Greenville, South Carolina, was purchased in August 2005 by Raycom Media. The acquisition was completed in February 2006, and Liberty Corporation no longer exists.