Chapter 6: Corporate Forms of Business Ownership

Unit 2 Forms of Business Ownership and the Law
Chapter 6: Corporate Forms of Business Ownership
6.1 Corporations
Goals
• Explain the basic structure of a corporation.
• Describe how a corporation is formed and organized.
Terms
• Corporation
• Charter (Certificate of Incorporation)
• Stockholders (Shareholders)
• Shares • Dividends
• Board of Directors (Directors, Board)
• Officers • Capital Stock (Stock) • Proxy
6.2 Close and Open Corporations
Goals
• Distinguish between Close and Open Corporations.
• Explain the major advantages of the Corporate form of Business.
• Explain the major disadvantages of the Corporate form of Business.
Terms
• Close corporation (Closely held Corporation)
• Open corporation (Publicly owned Corporation)
• Prospectus
6.3 Specialized Types of Organizations
Goals
• Describe organizations that are specialized alliances between companies or individuals.
• Describe specialized forms of corporations formed for tax or nonprofit reasons.
Terms
• Joint Venture • Virtual Corporation • Cooperative
• Limited Liability Company (LLC)
• Subchapter S Corporations
• Nonprofit Corporation
• Quasi-public Corporation

[@FaM-s5p]

Thank you so much Dr.

[@Computing-Informatics]

So nice of you !!!

[@kemoel-deeb345]

والله يا دكنور عاش علي الشرح ده بس ياريت بقي حضرتك متعتمديش الغياب 😅😅