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

Discuss the importance of the wto, QUESTION 1 The global business secto...

QUESTION 1 The global business sector has been expanding rapidly in Mauritius. Discuss the role of the FSC in this sector QUESTION 2 Tony is the director of Xservices L

Bluebook format - located the resource, Explain how you located the resourc...

Explain how you located the resource that addresses the question and cite that resource in proper Bluebook format: Spend & Save is claiming that our client lacks standing to s

Explain the principles of effective financial regulations, Question 1: ...

Question 1: a) Explain the four principles of effective financial regulations. b) Describe briefly the various regulatory tools used to achieve objectives of financ

Resident magistrate''s court , Resident Magistrate's Court Establis...

Resident Magistrate's Court Establishment Further Resident Magistrate's Court is constituted through S.3 (1) of the Magistrate's Courts Act that is provides that 'ther

The acts of non-state actor, The acts of non-state actor More important...

The acts of non-state actor More importantly, the concept of non-state actor needs be discussed by the concept of state responsibility, that is to say how and to what extent a

Maintenance of capital - raising of capital, Maintenance Of Capital: T...

Maintenance Of Capital: The issued share capital of a company limited by shares is the primary security for the company's creditors. In Re: Exchange Banking Co (Flitcroft's Ca

Deadlock in the management, Deadlock in the management: The company ex...

Deadlock in the management: The company existed only to "work a particular patent" and as it could not do so it should be wound up. But if there are two or more alternative

Appointment of arbitrators, Appointment of Arbitrators However under s...

Appointment of Arbitrators However under sec 12(1) the parties are free just for agree on the procedure of appointing arbitrators. Therefore under sec 31(1) the parties are

Effect of rescission, Effect Of Rescission: Where a contract of allotm...

Effect Of Rescission: Where a contract of allotment is rescinded, the former shareholder will be entitled to his money back (normally with interest) and to a refund of any exp

Provisions of the employment relations act, Francis is the newly elected ...

Francis is the newly elected chairperson of Boat House Services Union (BHSU) which represents 70% of workers at Boat House Services Ltd. BHSU is registered and holds a registra

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