Intel Corporation

Essay, Research Paper: Intel: The Corporation A corporation is a furrow that, although owned by one or more investors, legitimately has the rights and duties of an individual. Corporations have the right to buy, sell, and own property. Corporations may make reasoned contracts, hire and fire workers, set prices, and be sued, fined, and taxed. A crinkle must obtain a charter of incorporation from a state legislature or Congress to be legitimately recognized as a corporation.(Watson, p211) While corporations didnt exist until the middle to late 1800s, the idea of the corporation had existed since the early 1600s. It all started with face merchants who started trading companies to help fund the early colonies. If the colonies thrived, the stockholders reaped in the profit. (Watson, p211) A corporation is started when a sole proprietorship, a one-owner business, that is the most common form of business institution in the US, or a partnership, an association of two or more people in order to run a business, steady downs that they dont want to be personally responsible for any loss the company ability have. (Watson, p211) Or they might decide that they want the company to wear on after they die, that is for the business to have unlimited liveness.

Since neither of these goals can be reached with a sole proprietorship, or a partnership, the owner (or owners, as the case may be) decide that he (they) want to convert their business to a corporation. The owner(s) lodge a charter of incorporation from the government to be de jure recognized as a corporation. (Boyd, March, 99) The owner(s) then sell shares of stock, documents representing self-control in the corporation, to investors. These investors buy and sell the stock to small investors, or stockholders. Since there is no limit to the number of shareholders to a company, the investors take (for every share you own you get one vote) on a board of directors. The board of directors are in mien of hiring the people responsible for the... If you want to get a good essay, order it on our website: Orderessay

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