Characteristics of a corporation - статья по прочим предметам

 

Тезисы:

  • A.principal Characteristics Of A Corporation.
  • B.corporations Distinguished From Other Forms Of Business Associations.
  • A) Entity Status--a corporation is a legal entity created under the authority of legislature.
  • G) Remember Attributes of the Corporation--CLIFF.
  • Freely alienable (shares can be sold) .
  • Transferability of Interests--a partner cannot make a transferee a member of the p’ship.
  • A buyout may be reduced by damages if dissociation was wrongful.
  • Statutory reforms--many state statutes specifically allow a p’ship to be sued in its own name.
  • Other states make all p’ship liabilities joint and several.
  • Other reforms provide that not all joint obligors need to be joined in a suit.
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