How does individual action differ from corporate action?
105558
in the same way that individual is different from corporation.
860759
Corporations are legal individuals in the eyes of the law.  With few exceptions (ie, the right to privacy) they should and do have the same rights as regular people under the constitution
984872
The most notable is MRTP Act (Monopolies and Restrictive Trade Practices Prevention Act). But then there are other legislation which affect functioning of an organisation. Like a main co office may be subject to Companies Act while its small branch office may come under the local Shops and Establishments Act of that state.
1101133
Or as a corporation. Partnerships and sole proprietorships are the only business organizations that subject owners to personal liability. However, if you organize as a corporation or as a limited liability company, the company and the individual are treated as separate entities. It's cheaper and less confusing to do an LLC.\nNOTE: Be advised, however, that there is  a legal phenomenon called "piercing the veil" which means that is someone is using a company (LLC or corporation) to perpetuate a fraud, even though the personal assets of the owner typically would not be able to be taken because of the business form, a court can touch those assets if found guilty of using the business organization to do "bad stuff".
851929
enterprise is a small form of company having only one owner, while corporation is a big one with more than one owners
801832
For corporation tax purposes a company includes a limited liability company incorporated under the Companies Acts (plc or limited) as well as members' clubs and unincorporated associations.\n\nA company for these purposes does not include a partnership, a local authority or a local authority association.
185200
Wow people ask this question alot.\n\nA limited liability company issues membership interests and has members where a corporation issues stock and has stockholders. \n\nAn LLC is either run by its members or managers but may, if its LLC agreement specifies, have officers. A corporation always has a board of directors and officers.\n\nA corporation's structure is dictated by its articles and by, usually a well established body of law in the state of its formation's statutes and case law. An LLC is usually governed mostly by its operating agreement because the LLC statutes give LLCs great flexibility in management and economic flexibility.\n\nAn LLC is taxed as a partnership if it has 2 or more members and is disregarded as an entity if it only has 1 member, whereas, unless you make an S-corp. election, a corporation pays tax separately from its owners (hence the double tax issue).\n\nLLCs are generally chosen for either their tax advantages over corporations and their greater flexibility in economic and managerial structures.
190771
The difference is in self-belief. \nA small anecdote- One salesman on his first day was told by his boss to crack a deal with an 'easy' customer - since it was his first day. The salesman too found it easy to crack.\nThe whole office was astounded then because, they were trying to crack it for some time now, and he was their most difficult customer!!!\nThere is no single way to increase self-belief, but dramatic & imaginative interventions like this can help.\n\nBest thing to do is to draw in fresh blood and set up competition. And 'divide & rule'- keep them apart and reward the performers.
223100
Inc. Represents weather a company is incorporated or not.
10136
collectively or individually?
389004
The difference between an LLC and Inc (Corporation) are actually legal differences and you won't really know if you made a right decision unless you get sued :-) \n\nI would talk with a CPA about Incorporating or forming an LLC. They would be able to explain not only the states definition but also if you need to file an Entity Election and possible a Sub-S Election with the IRS. Don't forget that even when you form an LLC or Corporation with the state you may still be taxed as a Sole Proprietor by the IRS unless you file to correct elections, meaning you are liable for taxes as the person, not as a corporation. With more than one owner... trust me that could get a little hairy.
255603
For -- Corporations are significant forces in today's social structure and if they are obligated to take into account constituencies other than their stockholders -- employees, the environmentn, their community -- society as a whole benefits.  \n\nAgainst -- corporations are entities designed to maximize shareholder profit and that is their function.  To create an alternative obligation is to make them less efficient and in the end make our entire system of capitalism less efficient.  In a related practical issue, it makes it harder for shareholders to hold management accountable since management now has additional excuses to defend their actions (for example, a management team that rejects a takeover bid at a significant premium to current market value because it claims an acquisition would hurt the employees and the community of the target).
171054
why is the reason.\nwhat is the action.
759277
It can be observed to a high extent.............\n\nYou know the whole Stakeholder V Shareholder concept right? Long term vs Short term.\n\nThink of a well known PLC and note down all the things that these two groups think differently about.........for example - using retained profit to update the computer system Vs paying shareholders more money.
518488
I think that you are probably referring to the concept that a corporation is considered a legal person with all of the same rights and liability.  \n\nFor example, persons can contract with other persons, etc.  The law recognizes that corporations can also enter such relationships as if they were persons.  If there is a breach of the contract, you can sue the corporation, just as you can sue a person.
629745
Class Action.  However, if the plaintiffs are suing alleging age discrimination under the ADA or a multitude of other employment claims under the FLSA, it is called a Collective Action.
313133
Neither one is better than the other.  Each product has their own characteristics and each personal has their own individual needs.  NEVER listen to anyone who tells you to only buy either one or the other.  Most people will carry a mix of both.  The best thing a person can do is consult with a financial professional and have a needs analysis done.