LAW 1310 Lecture Notes - Lecture 2: Stock Split, Mutation, Common Stock
30 Jan 2018
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Real people who work there and real buildings. It is fictio(cid:374)al a(cid:374)d that"s (cid:449)hat separates corporatio(cid:374) fro(cid:373) e(cid:374)tity. Corporate law is a state law and not a federal law. Documents required for businesses to be a corporation. You put life into your business as the owner. Something that you create with the help of an attorney. Corporations general powers: general powers are the list of anything a business generally needs to do, open a bank account, checking account, buy, sell and/or lease buildings, hire/fire employees, you list these powers. Etc: you can still change it if your business changes in the future; amended. James town company in 1607 was the first business (corporation) before the united. You man name your corporation any fictional name 3. Ltd. - limited; tells the people dealing with that this business is a corporation and they cannot chase the individual if the business goes bankrupt. Domestic corporation- a business corporate in a state.
