Corporation sole - types of corporations, Business Law and Ethics

Corporation Sole - Types of Corporations

However this is a legal office that is occupied through one human being only at any one time. Whether the person ceases to occupy the office that he is succeeded through another person that who will then discharge the duties and exercise the powers of the office.  Conversely it is a legal person into perpetual succession capacity to sue or be sued. Like an Example are owning of limited liability and property.

Examples are like:

The Public Trustee

Further the Public Trustee Act, S.27 (1) states such 'the Public Trustee shall be a corporation sole through the name of Public Trustee'.

Permanent Secretary to the Treasury of US

Further for this section 2(1) of Permanent Secretary to Treasury as Incorporation Act states that like "the officer for the time being discharging the duties of the Permanent Secretary for the Treasury of US and his successors in office that shall be a body corporate".  Therefore it should be noted like such the Constitution of US that created the office of the President of US does not have a provision such the office of President shall be a body corporate.

Posted Date: 1/22/2013 12:40:14 AM | Location : United States







Related Discussions:- Corporation sole - types of corporations, Assignment Help, Ask Question on Corporation sole - types of corporations, Get Answer, Expert's Help, Corporation sole - types of corporations Discussions

Write discussion on Corporation sole - types of corporations
Your posts are moderated
Related Questions
QUESTION 1 Barclays Bank in Mauritius has interviewed various candidates for the post of Chief Executive Officer. Its HR department has requested you to provide them with some

Question: (a) Describe the various risks faced by an international bank operating in an international market, with emphasis on interest rates and market risks. (b) Show how

Tort law and Employment law: Pat, a builder, is an employee of Tom's. One day on site the scaffolding that Pat is standing on collapses and he suffers personal injuries. The s

#questiwhat are lawson..

Question 1: The question of morality of Public Servants has become a public issue nowadays. What according to you are the factors that have contributed to such a situation?

Presumed Agency or from Cohabitation Whether a woman who is living with a man is deemed that  be his agent for purposes of acquire necessaries to the family; marriage is not n

Q. Show Key considerations in defining phoenix activity? In determining an appropriate definition of phoenix activity, there are a range of considerations that must be accounte

CONDITIONS FOR RELIEF: In H.R. Harmer Ltd (1959) Jenkins L.J. summarised the conditions which must be met before relief under the section can be granted by the court when he s

Both Sudan and the US are signatories to the "New York Convention."  A Sudanese company has won its case in a Sudanese arbitration panel.  The U.S. company has declined to pay this

Impose a duty on directors: A company is, however, free to impose a duty on its directors to attend board meetings within a certain period of time and to prescribe the consequ