Synopsis
DISCUSSES PRINCIPAL FORMS OF BUSINESS OWNERSHIP: SINGLE PROPRIETORSHIP, PARTNERSHIP & CORPORATION, AND EXPLAINS ADVANTAGES & DISADVANTAGES OF EACH. Takes a small business through the benefits of incorporation and explains the process somewhat. Discusses the idea that a corporation is treated as a person in the eyes of the law. Shots: steel manufacturing plant; clothing store, selling ties; two men shaking hands; stock exchange; Different kinds of corporations (including towns, schools, colleges, churches and hospitals); also partnerships and single proprietorships; SIGN: Imperial Steel Co. Inc. 8540 Voiceover: "Imperial Steel along with thousands of other legal persons is a part of daily living, it is a member of our society. Yet it is not simply this property, nor is it a human being or a group of human beings, it is Imperial Steel Co. incorporated with stock owned by people in widely scattered places."
Uploader's description on archive.org
Details
- Running time
- 10 minutes
- Collection
- Prelinger Archives
- Internet Archive item
- 0832_What_Is_a_Corporation_20_00_59_00