Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN: 9781285193946
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 4, Problem 16CC
Summary Introduction
To determine: The reasons on a regular (C) corporation different from a not-for-profit corporation.
Introduction: A not-for-profit corporation is an organization shaped to complete a charitable, instructive, religious, abstract or logical reason.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
How does a regular (C)corporation differ from a not-forprofit corporation?
Why would you choose Limited Liability Company as a business entity type ?
What are the classifications of a corporation?
Chapter 4 Solutions
Foundations of Business - Standalone book (MindTap Course List)
Ch. 4 - Prob. 1CCCh. 4 - Prob. 2CCCh. 4 - Prob. 3CCCh. 4 - Prob. 4CCCh. 4 - Prob. 5CCCh. 4 - Prob. 6CCCh. 4 - Prob. 7CCCh. 4 - Prob. 8CCCh. 4 - Prob. 9CCCh. 4 - Prob. 10CC
Ch. 4 - Prob. 11CCCh. 4 - Prob. 12CCCh. 4 - Prob. 13CCCh. 4 - Prob. 14CCCh. 4 - Prob. 15CCCh. 4 - Prob. 16CCCh. 4 - Prob. 17CCCh. 4 - Prob. 18CCCh. 4 - Prob. 19CCCh. 4 - Prob. 20CCCh. 4 - Prob. 21CCCh. 4 - Prob. 22CCCh. 4 - Prob. 1DQCh. 4 - Prob. 2DQCh. 4 - Prob. 3DQCh. 4 - Prob. 4DQCh. 4 - Prob. 5DQ
Knowledge Booster
Similar questions
- In your opinion, what are the main advantages and disadvantages of organizing a firm as a corporation? If you were starting a business, would you use this option and why?arrow_forwardWhat are the legal requirements and considerations for forming a business entity, such as a corporation or a partnership?arrow_forwardWhat are the steps required to form a corporation?arrow_forward
- What are the main differences between private limited company and public limited company?arrow_forwardEvery organization is formed into an entity of some sort, and is usually done to protect individuals from liabilities connected with business operations. If you were starting your own business, which entity formation would you use--sole proprietorship, partnership, LLC, or corporation? Why? Which entity formation would you never use? Why?arrow_forwardTo what extent do shareholders control the activities ofa corporation?arrow_forward
- An S corporation is a hybrid entity that shares some characteristics with C corporations and some with partnerships. Discuss two characteristics that S corporations share with C corporations and two characteristics that S corporations share with partnerships.arrow_forwardWrite down the advantages and disadvantages of a Regular Corporation, an S Corporation, and a Limited-Liability Companyarrow_forwardExplain six major disadvantages of incorporating a business as a corporation.arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Principles Of MarketingMarketingISBN:9780134492513Author:Kotler, Philip, Armstrong, Gary (gary M.)Publisher:Pearson Higher Education,MarketingMarketingISBN:9781259924040Author:Roger A. Kerin, Steven W. HartleyPublisher:McGraw-Hill EducationFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Marketing: An Introduction (13th Edition)MarketingISBN:9780134149530Author:Gary Armstrong, Philip KotlerPublisher:PEARSONContemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning