 Is it possible for a businessman to illegally take bribes? Why is it always politicians that get the rap? |
Isn't it just as bad when a businessman takes a bribe?
Are they really any better than politicians when they take bribes?
Is it illegal for a businessman to take bribes?
As a real ... |
|
 What does the internet lack today and what would you like to see online? |
The big 3 Google, Microsoft and Yahoo! are definitely doing all it takes to get everything under one roof and this has escalated into an online war.
But somewhere, something is definitely ... |
|
 Are Sea Monkeys still disappointing the children of the world? |
| Is that special Sea Monkey disappointment part of a complete childhood?... |
|
 What is the root cause increasing oil price? |
| What is the cause of the escalation in oil prices. I have heard it is a supply and demand issue. So is it that demand from emerging markets has increased that much to cause such an increase?... |
|
 Where can i get the Best Web Hosting Company? |
| A company that is thrivin, been around a long time, offers a good "Product" at a fair!... |
|
 Why do people hate wallmart? |
the liberals hate wallmart i think i love wallmart everything is so affordible and fair its actually my favorite store peroid
Plus wallmart imploys the mentally handicap god bless you wallmart!... |
|
 Is it true that when gas gets cheaper, the stingily retarded gas companies WATER it down so it wouldn't be as |
filling and that we'd go to the pump more?
Additional Details
Not water, but kind of not give you the full amount........ |
|
 Why should my tax dollars bail out GM? If they go bankrupt, that ain't my problem!!? |
More proof Obama is a tax and spend liberal...
He wants to spend billions of tax dollars to bail out GM.
Bush opposes this, and i agree with Bush.
If GM goes bankrupt, that'... |
|
 If the company you worked for was secretly selling the premises that you worked from,? |
what signs would you look for?
Additional Details
lol Dale, if they did that it wouldn't be a secret really would it?... |
|
 What would you do if you weren't invited to the corporate Christmas Party? |
| I have had my job for 15 months, and I like the company that I work for. Last year, my department wasn't invited to the Christmas party but I couldn't do anything about it because I was the ... |
|
 What is your view of PAY PAL services owned by Ebay? |
I've never sent and recieved money by PAY PAL because the idea of using a credit card and/or debit card is risky.
There are computers viruses such as Trojans, malware etc.
They can be ... |
|
|  |
opukyte | What is the difference between Business Corporation and Limited Liability Company? |
|
 |
 
Conan the Librarian
 |
CORPORATION
--------------------
What sets the corporation apart from all other types of businesses is that a corporation is an independent legal and tax entity, separate from the people who own, control and manage it. Because of this separate status, the owners of a corporation don't use their personal tax returns to pay tax on corporate profits -- the corporation itself pays these taxes. Owners pay personal income tax only on money they draw from the corporation in the form of salaries, bonuses and the like.
LIMITED LIABILITY COMPANIES
-----------------------------------
Limited partnerships are usually created by one person or company, the "general partner," who will solicit investments from others -- who will be the limited partners.
The general partner controls the limited partnership's day-to-day operations and is personally liable for business debts (unless the general partner is a corporation or an LLC). Limited partners have minimal control over daily business decisions or operations and, in return, they are not personally liable for business debts or claims.
COMPARISONS
----------------
LLCs are similar to corporations because they also provide limited personal liability for business debts and claims. But when it comes to taxes, LLCs are more like partnerships: the owners of an LLC pay taxes on their shares of the business income on their personal tax returns.
Corporations and LLCs make sense for business owners who either 1) run a risk of being sued by customers or clients or run the risk of piling up a lot of business debts, or 2) have a good deal of personal assets they want to protect from business creditors. |
|
Qoby
 |
corporation does not have owners - it has shareholders and board. LLC has owner(s) who are not responsible for company debt |
|
writerbynature
|
Private Corporations - Corporations that are owned by an individual or group of individuals that do not offer ownership shares for purchase by the general public.
Public Corporations - Corporations that are owned by large numbers of investors. Ownership shares known as "stock" are offered for sale to the general public. These shares can be purchased through a licensed broker or trader at a stock exchange.
The most salient features of incorporation include:
1. Limited Liability. Unlike in a partnership or sole proprietorship, members of a corporation hold no liability for the corporation's debts and obligations: see leading case in common law, Salomon v. Salomon & Co. [1897] AC 22. As a result their "limited" potential losses cannot exceed the amount which they contributed to the corporation as dues or paid for shares. This allows corporations to raise funds for riskier enterprises by removing risks and costs from the owners and shifting them onto creditors and to other members of society, thereby creating an externality. Another rationale sometimes offered for limited liability is that reducing the amount that an investor can lose reduces the time and effort required to determine whether a stock is risky, thus adding liquidity to the stock market - in contrast to the very illiquid market for partnership interests (however, given the due diligence already exercised by institutional and other large investors, and the availability of insurance, it is questionable whether added liability would increase the costs of determining risk sufficiently to impair the liquidity of the stock market). In any event, a lender or other creditor can require a personal guarantee on a loan to a corporation (normally a small corporation), thus introducing personal liability. |
|
DLeibowitz
 |
Corporations have stock and stockholders. The stockholders elect directors who govern the corporation. The directors elect officers who run the corporation. The corporation is taxed separately unless it is a subchapter S corporation. This is well suited for companies which may go public someday and also well suited for companies which have assets which may need to be depreciated. Liability is limited to capital.
Limited liability companies have members and are run by managers who may but need not be members. Limited liability companies may be taxed separately but tend to be taxed as partnerships, with taxes simply passing through to the members. They are well suited for smaller enterprises or for entities whose tax attributes can be better used by members, such as real estate related entities.
Both have liability limited to the capital of the enterprise. |
|
ballafun
|
A Business Corpn need not be limited by liability. It is an incorporated under the respective statute, whereas limited liability company is a special kind of business coprn where the liability of the share holders/members of the company is limited to the amount of the capital contributed by them. This means there can be no claim against the personal property of shareholders |
|
chi_camila2020
|
Business corporation is a business between to or more persons that share the same interest in the business. they contribut the same money and share the same risk or gain in the business while Limited Liability Company is a firm between twenty - fifty person that does not contribute the same money and doesn't share the same interest in the business. They share their gain or loss accordin to the percentage of the money one contributed in the business. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
6 | 25 minutes(s) ago
| | | |
6 | 26 minutes(s) ago
| | | |
6 | 51 minutes(s) ago
| | | |
6 | 3 hour(s) ago
| | | |
6 | 4 hour(s) ago
| | | |
6 | 8 hour(s) ago
| | | |
6 | 11 hour(s) ago
| | | |
6 | 1 day(s) ago
| | | |
6 | 5 day(s) ago
| | | |
6 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Corporations 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
