The benefit of continuity of existence is an advantage of being organized as a <u>corporation</u>.
An organization conducts enterprise, realizes net profits or loss, will pay taxes, and distributes profits to shareholders. The earnings of an enterprise are taxed to the agency when earned and then are taxed to the shareholders whilst disbursed as dividends. This creates a double tax.
A company is a well-known connection with a business whereas a corporation is a connection with a specific sort of business entity. An employer is owned through its shareholders whereas an enterprise may be owned both by the commercial enterprise owner in full (sole proprietorship), numerous individuals (partnership), or others (shareholders).
An organization is a form of commercial enterprise organization that doubles as a separate felony entity from its owners. All agencies are organizations, but no longer all companies are always corporations.
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Market economy is understood as the organization and allocation of the production and consumption of goods and services arising from the interplay between supply and demand. The characteristic that defines the importance of the market economy is that decisions about investment and the allocation of production goods are made mainly through markets.
In a market economy, producers and consumers can interact in the market. It is assumed that both types of economic agents assume the price of the goods as a given data (that is, they are "price acceptors" - "preneurs de prix" in French, "price takers" in English.- See Origin and assumptions in "Law of Walras".) And, from there, they make their production and consumption decisions, seeking to maximize the gain in the case of the bidders and the utility function (satisfaction) in the case of consumers. The participation of these actors, offering and demanding quantities of goods and services, in turn alters market conditions affecting the evolution of prices.
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C) The land the Native Americans occupied was rich in minerals and was good for farming.
