FINANCE & BUSINESS

What is a corporation?

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Corporations are among the three kinds of business. The two forms of business are partnerships and sole proprietorship. The quality which makes corporations different from sole proprietorships and partnerships is that corporations are legal entities. As a result, the company is responsible for its debts, assets, and lawsuits. The responsibility of directors, the shareholders, officers […]

FINANCE & BUSINESS

What is a sole proprietorship?

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What is a sole proprietorship? A sole proprietorship is. It’s the kind of company. To begin with, the company and the owner are regarded as one thing under the law. Second, the proprietor owns all the business’ assets. Third, the sole proprietor is not regarded as an employee of the small business. As a result […]

FINANCE & BUSINESS

Choosing a form of business in CANADA

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Picking a Type of Company in CANADA In case you’ve opted to turn into self employment, it’s crucial to determine what form of company will work best for you personally. You are able to choose between a sole proprietorship or a company, if you’re likely to start a company . You may select between a […]