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Company Corporation

A company is another form of a business organization. The people who own or operate the company and the actual corporation itself are completely independent of each other. A company corporation is the enduring creation of corporate law, and their rules secure the interests of all involved. In the U.S., a company is regarded as a corporation however, some additional forms of company corporations are, associations, partnerships, or unions. A company is divided, for regulatory purposes, between a public company and a private company. Be sure to consult a professional for additional information.

Fast Facts

  • In Britain, the term body corporate simply means either a corporation sole(solitary) or a corporation aggregate (2 or more persons).
  • A company can be easily defined as a factitious person having a segregated business, perpetual succession and common seal.

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