Ch15_3e - 15-1Copyright © 2007 by Nelson a division of...

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Unformatted text preview: 15-1Copyright © 2007 by Nelson, a division of Thomson Canada Limited.CANADIAN BUSINESS CANADIAN BUSINESS AND THE LAWAND THE LAWThird EditionThird EditionbybyDorothy Duplessis Steven Enman Shannon O’Byrne Sally GunzPresentation prepared by Presentation prepared by Allan Elliott, Southern Alberta Institute of TechnologyAllan Elliott, Southern Alberta Institute of Technology15-2Copyright © 2007 by Nelson, a division of Thomson Canada Limited.CHAPTER FIFTEENCHAPTER FIFTEENTHE CORPORATE FORM:THE CORPORATE FORM:ORGANIZATIONAL MATTERSORGANIZATIONAL MATTERSOBJECTIVES:a corporation as a legal personthe distinction between federal and provincial incorporationthe share structure of a corporationthe selection of a corporation’s namehow a corporation is createdhow the corporation is financedhow securities are regulated15-3Copyright © 2007 by Nelson, a division of Thomson Canada Limited.THE CORPORATE FORMTHE CORPORATE FORMTHE CORPORATION DEFINEDthe corporation possesses a legal identity separate and distinct from its ownersthe corporation alone is responsible for its own debts and other liabilitiesshould the corporation fail to make good on its obligations, the shareholders are not responsible15-4Copyright © 2007 by Nelson, a division of Thomson Canada Limited.STAKEHOLDERS IN THE STAKEHOLDERS IN THE CORPORATIONCORPORATIONSTAKEHOLDER –one who has an interest in the corporationCORPORATE RELATIONSHIPSSHAREHOLDERSBOARD OF DIRECTORSOFFICERSELECTSELECTS (hires)15-5Copyright © 2007 by Nelson, a division of Thomson Canada Limited....
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This note was uploaded on 12/19/2010 for the course AFM 231 taught by Professor Briggs during the Winter '09 term at Waterloo.

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Ch15_3e - 15-1Copyright © 2007 by Nelson a division of...

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