Synopsis
Discusses the principal forms of business ownership-single proprietorship, partnership and corporation-and explains the advantages and disadvantages of each.
Uploader's description on archive.org
Details
- Running time
- 10 minutes
- Collection
- Prelinger Archives
- Internet Archive item
- what_is_a_corporation
Reviews on the Internet Archive
★★★★ · They should make a full length documentary.. · Spuzz · 2005-09-04
Very Good overview of yes, what a corperation is. Walter Brown is almost forced to give up his stock in the Imperial Steel Corperation. His accountant insists this is the only way to go unless you want to incorporate. Walter Brown then says, incorporate? and then the accountant tells Walter what a corperation does, how it has a board of directors, can issue stocks, etc. Well, hold on, how on earth is Walter learning this now, when he has stocks to begin with? Did he not know what he was buying when he purchased the Imperial Steel stock? Am I clever or what?
★★★ · Business, Inc. · Wilford B. Wolf · 2005-07-25
1949 Centron biz school film that covers the basics of what a corporation is. The film, opens with an explaination of the definition of a corporation; that is not just for large businesses, but is a legal definition that covers a wide range of entities. The main point is that a corporation, once formed, is legally a person. We then cut to Mr. Brown, the co-propriater of a small clothing store talking with his lawyer concerning the sale of stock in a steel company to cover improvements in his business. Through the conversation, they cover the different types of businesses, and the advantages…