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t. e. In corporate governance, a company's articles of association (AoA, called articles of incorporation in some jurisdictions) is a document that, along with the memorandum of association (in cases where it exists) forms the company's constitution. The AoA defines the responsibilities of the directors, the kind of business to be undertaken ...
The New York Stock Exchange (headquarters pictured) is the major center for listing and trading shares in United States. Most corporations are, however, incorporated under the influential Delaware General Corporation Law. United States corporate law regulates the governance, finance and power of corporations in US law.
There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
Differences between LLCs and corporations. LLCs and corporations are both legal entities that business owners can use to formalize their company’s legal status. Corporations are generally more ...
In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC).
71,200. Multinational oil and gas company and largest of the Big Oil entities. The firm is headquartered in Spring, Texas north of Houston. Subsidiaries include Exxon, Mobil, and Esso. 9. AT&T. 160,546. 254,000. Multinational telecommunications holding company which includes many components of the former Bell System.
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