COMM 315 Lecture Notes - Lecture 6: Legal Personality, Conrad Black, Qst
14 Apr 2018
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Possess juridical personality- exist the separate or distic personality that companie possess (298 combined with 302) There existance are recognised- allows you to possess certain rights. Has a private purpose (private- purpose to make money for you and me- even tho the public buys shares it still has a private purpose) or a public purpose (hyrdro quebec , saq gvt own it) Incorporation law- allow the company to do business in the company they are incorporated in. Constituted in various forms in either federal or provincial law. Certificate of incorporation- equivalent of our birht certificate. Some companies are for profit (profit is distributed to shareholders ) and some are non-profit (no shareholders) Authorite des marches financier- they deal with publicly traded corporation. Juridical personality- as a result of they recognition they can exercise civil rights (defend your rights) 302 they have a patrimony, bank account earn money, Corporate names: some have numbers 189364 canada inc.
