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Task 3. Give yo u r idea on the top ic”
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4-курс сиртки якуний
Task 3. Give yo u r idea on the top ic” What is excellent customer
service?” What is quality? Task 2. R ead and retell the text. A corporation is an organization led by many people but treated by the law as though it were a person. It own property, pay taxes, make contracts, sue and be sued, and so on. It has a separate and distinct existence from the stockholders who own the corporatio n’s stock.. In order to form a corporation, its founders must do three things. First, they must register their company with the governm ent o f the state in which it will be headquartered. Second, they must sell stock. Third, along with the other shareholders, they must elect a board o f directors. Registering the Corporation. Every state has laws governing the formation o f corporations, but most state laws are similar. Suppose that you and your partners decide to form a corporation. You will have to file articles o f incorporation application with the state in which you will run your corporation. In general, these articles include four items: 1. Name, address, and purpose o f the corporation; 2. N a m e s and addresses o f the initial board o f directors (these men and women will serve until the first stockholders’ meeting, when a new board may be elected); 3. N u m b e r o f shares o f stock to be issued; 4. A m o u n t o f money capital to be raised through issuing stock. If the articles are in agreement with state law, the state will grant you a corporate charter - a license to operate from that state. Selling Stock. To continue the example o f your electronic repair business, you could sell shares o f either c om m on or preferred stock in your new corporation. C om m on stock gives the holder part ownership in the corporation and voting rights at the annual stockhold ers’ meeting. Download 0.73 Mb. Do'stlaringiz bilan baham: |
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