Registered corporations have legal personality and their shares are owned by shareholders[2][3] whose liability is generally limited to their investment. Shareholders do not typically actively manage a corporation; shareholders instead…
There is some overlap between stock/non-stock and for-profit/not-for-profit in that not-for-profit corporations are always non-stock as well. A for-profit corporation is almost always a stock corporation, but some for-profit corporations…
Registered corporations have legal personality and their shares are owned by shareholders whose liability is generally limited to their investment. Depending on the number of owners, a corporation can be…