Cast of lawsuit from tort liability in proprietorship

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Reference no: EM131314686

1. How does a corporation differ when a stockholder or manager dies compared to when a manager or owner of a proprietorship dies?

2. How is ownership of a proprietorship transferred relative to a corporation? How is ownership transferred in each type or organization?

3. Who is the employer in cast of a lawsuit from tort liability in a proprietorship? In a corporation?

4. To become incorporated the incorporators file the ___________of _____________.

5. Do corporations get a charter from the states or the federal government?

Reference no: EM131314686

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