[Home]History of Company/Talk

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Revision 4 . . December 17, 2001 7:13 am by (logged).78.38.xxx [exploration of "company"]
Revision 3 . . December 16, 2001 5:59 pm by (logged).93.53.xxx
Revision 2 . . December 16, 2001 11:49 am by SJK
Revision 1 . . December 16, 2001 10:48 am by Balanone [Initial disagreements concerning some statements in primary article]
  

Difference (from prior major revision) (no other diffs)

Changed: 28c28,36
over to corporation -- Chenyu
over to corporation -- Chenyu


Yes, we might have a problem with language.

"Company" is used to refer to businesses comprised of multiple people. These can be huge multi-national corporations, partnerships, or even single proprieterships and single-owner corporations. The important distinction is that a company has multiple people in the company, owner, clerks, staff, etc. So a company can have a single owner but employ hundreds of people.

As for "charter", I believe that word isn't used much in the USA. A company is founded, or licensed, or incorporated (depending on the type of company).

As for the states, the USA is a union of quasi-national states, a federation of states. Each state has its own business regulations, and the federal government has jurisdiction only over those activities which cross state borders (inter-state commerce).

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