1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
o-na [289]
2 years ago
5

What is the difference between a Corporation and a Foundation? ​

English
1 answer:
avanturin [10]2 years ago
5 0

Answer:

A corporation is established for commercial gain in a variety of situations, including securities trading, financing, global trade, real estate ownership, and more. Contrarily, foundations are more frequently used for charitable endeavors, giving or receiving donations, etc. They may also be formed for keeping purposes, such as to preserve corporate assets or any other kind of products.

Explanation:

A corporation is a distinct legal organization from its shareholders. Corporations can generate revenue, pay taxes, and face legal consequences. The ultimate protection against personal responsibility is provided to owners by corporations, although forming a corporation is more expensive than creating other types of entities. Additionally, corporations demand more thorough reporting, operating procedures, and record-keeping. Corporations have power i regards to raising capital since they may do it by selling shares, which can also help them bring in employees. Enterprises with a medium to a high level of risk, those that need to acquire capital, and those that intend to be sold and corporations can be a suitable option.

Funds are handled by the trustees and directors of nonprofit, nongovernmental organizations known as foundations. The formation of independent, corporate, operational, and community foundations serves a variety of functions in their goals and localities. A foundation is a legal body that encourages charity endeavors by giving funds to unaffiliated institutions, groups, or individuals for charitable, intellectual, educational, social, or other causes. While federal departments is frequently performing the main activity of foundations, some may also run their private charitable initiatives.

You might be interested in
A character faces conflict because the community rejects her. What type of conflict is this?
natta225 [31]
The conflict of this would be....

Man Vs. Society
7 0
3 years ago
christmas is a more important festival than Easter for christians. Evaluate this statement ( 12 marks)
Helga [31]
Christmas is a more important festival to Christians than Easter because Christmas symbolises the birth of Jesus Christ and the long journey Mary and Joseph took. Christmas marks the birth of a miracle worker and the birth of the ‘old testament’. Jesus is a huge part of Christianity as a faith and religion and Christmas is the start of that. Easter however is still a very imprinting holiday to Christians as it marks the death and resurrection of Jesus Christ. (if this question is worth 12 mark i suggest you expand on this more)
hope this helps
8 0
3 years ago
Write a claim about if thr Drinking age should be lowered to 18
bija089 [108]

because it is harmful to health, especially in young people, and people under the age of 18 still do not have the authorization to harm themselves.

7 0
2 years ago
Read 2 more answers
Aunt Beryl did not consider the feelings of others. a. Active b. Passive
kaheart [24]

Answer:

Passive

Explanation:

6 0
3 years ago
Had Carrie been used as an eyewitness to the facts surrounding the building collapse, the article would be
scoundrel [369]

Answer:

headline news, breaking news, and story behind the story

Explanation:

4 0
3 years ago
Other questions:
  • From excerpt from twelfth night how does duke orsino perspective as a feudal Lord affect his experience of love
    11·1 answer
  • What does ceases mean
    11·2 answers
  • The __________ combined score moved the competitor to the top of the scoreboard.
    15·1 answer
  • Write a procedure to explain something you already know how to do
    15·1 answer
  • Questions to ask yourself when writing a summary
    7·1 answer
  • What are the silent letters in the word comb
    6·1 answer
  • What does it mean Allegiance??????
    10·1 answer
  • Idnetify the cases and types of pronouns in the biography using the drop-down menus. ambrose bierce was a journalist. many of hi
    8·2 answers
  • Answer the questions to analyze the epic simile. what is odysseus being compared to? what theme does this comparison suggest?
    11·1 answer
  • Some people want to amend the U.S. Constitution to remove automatic citizenship for children born in the U.S. to parents who are
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!