Week 3

Article
Clauses or provisions in a document that are usually numbered in a sequence. 

Information from : http://www.businessdictionary.com/definition/articles.html

Articles of incorporation

A document, filed with a U.S. state by a corporation's founders, describing the purpose, place of business, and other details of a corporation. also called charter.

Informatiom from : http://www.investorwords.com/258/Articles_of_Incorporation.html
Picture from : http://www.cetfund.org/governance/articles-incorporation




Charter

Part of Speech:	noun
Definition:	treaty, agreement
Synonyms:	allotment, bond, code, concession, constitution, contract, conveyance, deed, document, endowment, franchise, grant, indenture, license, pact, patent, permit, prerogative, privilege, right, settlement

Information from : http://thesaurus.com/browse/charter

Corporate charter

A document, filed with a U.S. state by a corporation's founders, describing the purpose, place of business, and other details of a corporation. also called articles of incorporation or charter.

Informatiom from : http://www.investorwords.com/1133/corporate_charter.html

Venture

Part of Speech: noun Definition: gamble, attempt Part of Speech: verb Definition: take a chance Information from : http://thesaurus.com/browse/venture Joint venture A contractual agreement joining together two or more parties for the purpose of executing a particular business undertaking. All parties agree to share in the profits and losses of the enterprise. Information from : http://www.investorwords.com/2671/joint_venture.html C corporation A business which is a completely separate entity from its owners, unlike a partnership. S corporation A form of corporation, allowed by the IRS for most companies with 75 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership. also called Subchapter S Corporation. Can you use one sentence to describe the difference between C corporation and S corporation? The C corporation is the standard corporation, while the S corporation has elected a special tax status with the IRS. Make a sentence of each key term Articles of incorporation : My company make the articles of incorporation with Nessy company corporate charter :  My company have the corporate charter joint venture : Haz company and Sas company are joint venture. C corporation :  C corporation is owned by shareholders. S corporation : The S corporation can have only one class of stock.