Corporations - Reference Guides

512 views2 pages
4 Jun 2015
School
Course
Professor

Document Summary

What is a corporation: a corporation is an artificial entity independent of owners or investors, it conducts business as if it were a real person, with the same responsibilities and liabilities of an individual running a business. Artificial entity: power to conduct business completely in its own name, formed by government agency"s grant of authority, generally recognized by creating state, federal government, and involved private citizens, does not exist in any real sense. Concession: grant or concession of the state based on state"s role in formation. Contract: contract between the state and corporation, corporation and shareholders, or among shareholders, nexus of contracts where shareholders provide capital for return. Applicable statutes: revised model business corporations act, delaware general corporation law, securities exchange act, securities act. Efficient capital market hypothesis: many buyers and sellers looking to make a profit, rapid price movement based on available information regarding securities, individual stock price movements are random, predicting stock price direction is impossible.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents