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Corporations address non-liquidating distributions statistics


Corporate law also known as business law or enterprise law or sometimes company law is the body of law governing the rightsrelations, and conduct of personscompaniesorganizations and businesses. It refers to the legal practice relating to, or the theory of corporations. Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corporation.

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While the minute nature of corporate governance as personified by share ownershipcapital marketand business culture rules differ, similar legal characteristics - and legal problems - exist across many jurisdictions. Corporate "Corporations address non-liquidating distributions statistics" regulates how corporationsinvestorsshareholdersdirectorsemployeescreditorsand other stakeholders such as consumersthe communityand the environment interact with one another.

In some cases, this may include matters relating to corporate governance or financial law. When used as a substitute for corporate law, business law means the law relating to the business corporation or business enterprisesi. Widely available and user-friendly corporate law enables business participants to possess these four legal characteristics and thus transact as businesses.

Thus, corporate law is a response to three endemic opportunism: A corporation may accurately be called a company; however, a company should not necessarily be called a corporation, which has distinct characteristics. In the United States, a company may or may not be a separate legal entity, and is often used synonymous Corporations address non-liquidating distributions statistics "firm" or "business.

Corporate law deals with companies that are incorporated or registered under the corporate or company law of a sovereign state or their sub-national states. The defining Corporations address non-liquidating distributions statistics of a corporation is its legal independence from the shareholders that own it.

Under corporate law, corporations of all sizes have separate legal personalitywith limited or unlimited liability for its shareholders.

Shareholders control the company through a board of directors which, in turn, typically delegates control of the corporation's day-to-day operations to a full-time executive. Shareholders' losses, in the event of liquidation, are limited to their stake in the corporation, and they are not liable for any remaining debts owed to the corporation's creditors.

This rule is called limited liabilityand it is why the names of corporations end with " Ltd.

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Under almost all legal systems [ which? In some jurisdictions, this extends to allow corporations to exercise human rights against real individuals and the state, [4] and they may be responsible for human rights violations.