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Unformatted text preview: 3. The corporate form of entity. a. The primary forms of business organization are the proprietorship, the partnership, and the corporation. b. Corporations may be classified as: (1) public sector (2) private sector (a) non-share, e.g., churches, charities, colleges (b) stock (operate for profit and issue shares) (i) privateclosely held (ii) publicshares widely held 1) listed on stock exchange (TSE, NYSE) 2) unlisted or over-the-counter (OTC) 4. Influence of Corporate Law. Federally incorporated companies operate under the provisions of the Canada Business Corporations Act (CBCA). Provincially incorporated companies operate under the provision of the relevant province's business corporations act, and requirements may vary from province to province....
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This note was uploaded on 03/28/2012 for the course ACCTG ACC423 taught by Professor Smith during the Spring '10 term at University of Phoenix.
- Spring '10