A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations.
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One can define a company as an "artificial person", invisible, intangible, created by or under law, with a discrete legal personality, perpetual succession, and a common seal. Except for some senior positions, companies remain unaffected.
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Commonly used where companies are formed for non-commercial purposes, such as clubs or charities.
This type of company stanard is commonly used in England. A company limited by guarantee may be with or without having share capital.
A hybrid entity, but the activities of the company are partly funded by investors who expect a return.
With a discrete legal personality, perpetual succession, and also with a common seal. Except for some senior positions.
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In the legal context, the owners of a company are normally referred to as the "members". In a company limited or unlimited by shares (formed or incorporated with a share capital)
In the legal context, the owners of a company are normally referred to as the "members". In a more company limited or unlimited by shares (formed or incorporated with a share capital), this will be the shareholders. In a company limited by guarantee, this will be the guarantors.
Some offshore jurisdictions have created special forms of offshore company in a bid to attract business for their jurisdictions. Examples include "segregated portfolio companies" and restricted purpose companies.
The definition of a parent company differs by jurisdiction, with the definition normally being defined by way of laws dealing with companies in that jurisdiction.
There are, however, many, many sub-categories of types of company that can be formed in various jurisdictions in the world.
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Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms a company can be created as a legal person so that the company.
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Companies may associate and collectively register them selves as new companies; the resulting entities are often known corporate groups.
Steve
Excellent
A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy.
Natalie
Not satidfied
In English law and in legal jurisdictions based upon it, a company is a body corporate or corporation company registered under the Companies Acts or under similar legislation.
Roger
Good job
Commonly used where companies are formed for non-commercial purposes, such as clubs or charities may associate as new companies.
Stephanie
Okay
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Commonly used where companies are formed for non-commercial purposes, such as clubs or charities.
Technical Divercity
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A company, abbreviated as co is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective.
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Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms. Commonly used where companies are formed.
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The members guarantee the pay ment of certain (usually nominal) amounts may associate and collectively register themselves as new companies.
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