Page 7 - E-MAGAZINE IMR
P. 7

CORPORATION





                                                                         WHEN YOU INCORPORATE
                            INCORPORATION CAN BE
                          DONE AT THE FEDERAL OR                            YOUR BUSINESS, IT IS
                          PROVINCIAL/TERRITORIAL                            CONSIDERED TO BE A

                                        LEVEL.                            LEGAL ENTITY THAT IS
                                                                            SEPARATE FROM ITS
                                                                               SHAREHOLDERS.

                    AS A SHAREHOLDER OF

                     A CORPORATION, YOU
                                                                      ALWAYS WISE TO
                           WILL NOT BE
                                                                    SEEK LEGAL ADVICE
                    PERSONALLY LIABLE
                                                                             BEFORE
                        FOR THE DEBTS,
                                                                       INCORPORATING.
                   OBLIGATIONS OR ACTS

                  OF THE CORPORATION.








                             CO-OPERATIVE




                                                                              THIS IS THE LEAST
                                  OWNED AND                                   COMMON FORM OF

                            CONTROLLED BY AN                               BUSINESS, BUT CAN BE
                               ASSOCIATION OF                                  APPROPRIATE IN
                                   MEMBERS.                                 SITUATIONS WHERE A

                                                                        GROUP OF INDIVIDUALS OR
                                                                          BUSINESSES DECIDE TO

                                                                          POOL THEIR RESOURCES
                          IT CAN BE SET UP AS A
                                                                         AND PROVIDE ACCESS TO
                            FOR-PROFIT OR AS A
                                                                        COMMON NEEDS, SUCH AS
                              NOT-FOR-PROFIT
                               ORGANIZATION.                                  THE DELIVERY OF
                                                                         PRODUCTS OR SERVICES,
                                                                       THE SALE OF PRODUCTS OR

                                                                        SERVICES, EMPLOYMENT,
                                                                                  AND MORE.




                                                                                                                     3
   2   3   4   5   6   7   8   9   10   11   12