Management and Organizational Studies 2275A/B Chapter Notes - Chapter 15: Insider Trading, Root Mean Square, Unsecured Debt

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Philip King

Document Summary

The corporation de ned: the corporation is the predominant business vehicle in modern commerce because it is a separate legal entity, the corporation alone is responsible for its own debts and other liability. Pre-incorporation issues: must decide, whether to incorporate federally or provincially, what type os shares will be available and to whom, what to name the corporation, these decisions will be in uence by a host of factors. Classes of shares: it is a unique kind of ownership interest, it does not give the owner or holder any right to use the assets of the corporation or any right to directly control or manage the corporation. It is not used it simply sits on the shelf until the rm"s clients need it. The process of incorporation: what needs to be submitted to incorporate, articles of incorporation, the document that de nes the basic characteristics of corporations incorporated in.