Corporation sole - types of corporations, Business Law and Ethics

Assignment Help:

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.


Related Discussions:- Corporation sole - types of corporations

Define and explain the term code of ethics, Question 1: (a) What does ...

Question 1: (a) What does Professional Practice mean to you? Define your perception of good Professional Practices. (b) Discuss some of the difficulties and challenges fac

Explain the criminal jurisdiction, Explain The criminal jurisdiction Th...

Explain The criminal jurisdiction The criminal jurisdiction is exercised on the basis of the following: 1. Nationality 2. Territory 3. Universal jurisdiction and 4. Specifi

Advantages of negotiable instruments, Advantages of Negotiable Instruments ...

Advantages of Negotiable Instruments (i) A negotiable instrument provides a creditor regarding a better remedy, since once it has been issued like or accepted whether applicab

The procedures that an employer should follow, QUESTION (a) What do you...

QUESTION (a) What do you understand by the term misconduct in employment law. How does the English definition of misconduct differs from the French definition of misconduct?

Discuss corruption is the cancer eating, QUESTION 1 Corruption is the c...

QUESTION 1 Corruption is the cancer eating at the heart of good governance of public institutions. Discuss QUESTION 2 The Prevention of Corruption Act 2002 is dangerous

Dormant Commerce Clause, In 2001, Puerto Rico enacted a law that requires s...

In 2001, Puerto Rico enacted a law that requires specific labels on cement sold in Puerto Rico and imposes fines for any violations of these requirements. The law prohibits the sal

Elements of a contract - offer, Elements of a Contract - Offer Further...

Elements of a Contract - Offer Further this is an unequivocal manifestation through one party of its intention to contract into another. So well it is a clear intimation for i

Disadvantages of stare decisis - rigidity, Disadvantages of Stare Decisis -...

Disadvantages of Stare Decisis - Rigidity However the case law method of administration of justice has been criticized on the grounds which it leads to rigidity because the di

Labor law promote, The college contacted the state labor relations commissi...

The college contacted the state labor relations commission (LRC) to dismiss the petition due to the law did not needs collective bargaining for those who perform services as studen

Define the term- international implications of enforcement, Define the term...

Define the term- international implications of enforcement Agencies cooperate over time, they converge towards common principles that might then serve as the foundation for the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd