corporation

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corporation

a business entity such as a company incorporated under legislation, usually a Companies Act, which can make the shareholders legally responsible only for the profits and debts of the company. That is the shareholders are not personally responsible. It has been held for generations that members of professions could not practice as corporations because they would lose their personal responsibility to their clients. It is becoming more common for this rule to be discarded.
References in periodicals archive ?
Parker Hannifin Corp, Hydraulic Filter Div, Metamora, OH
Birmingham (AL), $18,935,000 general obligation warrants series 2006-C (insured: MBIA Insurance Corp.
Lufkin (TX), $9,475,000 general obligation refunding bonds, series 2006 (insured: Ambac Assurance Corp.
Lafayette (LA), $13,320,000 general obligation public improvement sales tax refunding bonds, series 2006A (insured: Ambac Assurance Corp.
Parker Hannifin Corp, Skinner Valve Div, New Britain, CT
About ZRCC is a holding subsidiary of Sinopec Corp.
Kloster Corp, 13820 Industrial Perk Blvd, Minneapolis, MN, 55441-3715
A C corp owner is not entitled to an increase in the stock basis for his or her share of the corporation's earnings.
Corp 1, but does not directly own any ForCorp stock.
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about JK Acquisition Corp.
Electro Abrasives Corp, 701 Willet Rd, Buffalo, NY, 14218-3756 tel: 716/822-2500 fax: 716/822-2858#
The Madison Group, Polymer Processing Research Corp.