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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z ALL You Have Viewed Too Many Free Essays, Term Papers, and Book Reports. Business Law Business Law Case 1. In the United States, corporations are the most prevailing type of business organization. A corporation is an artificial person created by law, with most of legal rights of a real person, including the rights to start and operate business, to own or dispose of property, to borrow money, to sue or be sued, and to enter into binding contracts. There are two kinds of corporations: The public corporations which are created by the government to succeed political and governmental aims and the private corporations which are formed by private persons for private benefitsƒ¢. The proprietors are called shareholders and they have stock certificates. These business organizations are also classified as profit or nonprofit, publicly or closely held, professional, domestic, foreign, alien and S corporations. The classification is depending on their locations, purpose or ownersƒ£. A corporation is a creation of the state because its life is depending on state lawsƒ¤. It does not exist any general federal corporation law that governs the structure and the function of private corporations, but there are several federal laws, such as securities laws, labor laws, antitrust laws, consumer protection laws, environmental protection laws and bankruptcy laws. It is corporation, business, corporations, shareholders, must, incorporation, state, corporate, directors, laws, income, personal, owners, legal, form, articles, should, provisions, operations, charter, board, because, taxed, stocks, stock, revised, private, own, officers, limited, liability, law, incorporate, choose, certain Word Count: 1627 Acceptance_Essays American_History Anatomy_&_Physiology Animal_Science_&_Zoology Anthropology Architecture Art Astronomy Aviation Biographies Book_Reports Business Computers Creative_Writing Current_Events Economics Education Engineering English Environmental_Science Ethics European_History Film_&_TV Foreign_Languages Geography Government_&_Politics Health_&_Beauty History_Other Human_Sexuality Legal_Issues Marketing Mathematics Medicine Miscellaneous Music Mythology Philosophy Physics Poetry Political_Science Psychology Religion Science Shakespeare Social_Issues Sociology Speech Sports_&_Recreation Supernatural Technology Theater Theses_&_Dissertations

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