Directions: Students, in paragraph essay form, answer the following discussion questions. Every question should be answered thoroughly and thoughtfully. No plagiarism and only use credible, reliable sources. No Wiki, Investopedia, etc. Cite court cases, court rulings and scholarly journals as well! Thoroughly typed paragraphs are recommended for full credit. Only use APA 7th edition format students. Students: One paragraph per question.
Briefly discuss the different types of corporations and how they are formed.
What is a close corporation, a S corporation, a non-profit corporation?
What does the term “piercing the corporate veil” mean?
What are your state’s requirements for forming a for-profit corporation? (Name, number of incorporators, board & officers, registered agent, meeting & minutes, stock. etc.)