Enterprise Group
The word "corporation" derives from the Latin corpus, meaning physique, and the Maurya Empire in Iron-Age India accorded legal rights to business entities. In most international locations, there are laws that deal with small corporations in a special way from giant ones. They could additionally be exempt from sure legal filing requirements or labor laws, have simplified procedures in specialized areas, and have simplified, advantageous, or slightly totally different tax treatment. General partners in a partnership , plus anybody who personally owns and operates a business without making a separate legal entity, are personally answerable for the money owed and obligations of the business. A father or mother company is an organization that owns enough voting stock in one other firm to manage management and operations by influencing or electing its board of administrators; the second company being deemed as a subsidiary of the parent firm. One of the most well-liked programs