made a legal commitment to stakeholder governance, and is demonstrating accountability and transparency by disclosing this record of performance in a public B Corp profile,” explained Jane Abernethy, Chief Sustainability Officer atHumanscale, a certified B corp. ...
For example, if a C corp is sued for breach of contract, the plaintiff can collect damages from the corporation’s assets only, not from the personal assets of the shareholders. If the shareholders have invested in the company, they do bear some liability—which corresponds to the amount of...
In the simplest terms, an order is created when a customer buys a product from a seller. For example, if you buy a new computer keyboard online from a product seller, an order is created when you make the purchase. The order records what you purchased, for how much, and where to ship...
Learn what a stock is, including the different types of stocks, and why you should consider investing in the stock market.
So, before going any further, let's explain what the term 'PhD' actually means and what defines a doctorate. What does PhD stand for? PhD stands for Doctor of Philosophy. This is one of the highest level academic degrees that can be awarded. PhD is an abbreviation of the Latin term (...
Note:The rubric, guidelines, and skills tested for all of the History APs are identical; only the historical source material is different. The DBQ Essay Explained As a veteran of the DBQ, I'm here to answer all your questions. Why do the AP History exams even have a document-based quest...
In real estate circles, it is known as “double ending a deal.” This is real estate nirvana for agents because they don’t have to give another agency half the commission. They get to keep the whole thing. Who wouldn’t want double the compensation?
An S Corporation is a type of corporation that passes corporate income, losses, tax deductions and tax credits along to its shareholders, all without needing to pay separate corporate taxes. The formation of S Corps is also relatively small compared to larger corporations and aren't permitted to...
As explained above, one major disadvantage for C corporations is that profits are effectively taxed twice, first on the company's income taxes, and again when shareholders receive dividends. An S corporation is a "pass-through" entity, meaning that it does not pay corporate income taxes. Instea...
Bailout Explained Bailouts are typically only for companies or industries whose bankruptcies may have a severe adverse impact on theeconomy, not just a particular market sector. For example, a company that has a considerable workforce may receive a bailout because the economy could not sustain the...