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

International labour conference for double-discussion, The work of the Inte...

The work of the International Labour Organisation in regard to the adoption and implementation of Conventions and Recommendations involves Member States in a number of constitutio

Matters and reports, Matters and Reports: The matters and reports to b...

Matters and Reports: The matters and reports to be stated in a prospectus may be summarised as follows: 1.      The Matters The matters to be stated in a prospectus are:

The international court of justice, The International Court of Justice ...

The International Court of Justice The International Court of Justice (ICJ) issued a legal opinion on the legality of nuclear weapons, which says that the threat or use of forc

Define the name of tort, 1. Joe is walking down the street and Sue com...

1. Joe is walking down the street and Sue comes up behind Joe, aims a gun at him, but stops just before shooting. Joe did not know Sue was coming up behind him.

Discuss the importance of media, Discuss the importance of Media Media ...

Discuss the importance of Media Media are important to agenda setting in two general ways: First by constructing and conveying simplified and often symbolic understandings of p

Legal differences between a custodian and managing trustee, QUESTION 1 ...

QUESTION 1 Discuss the possible defences available to a trustee in proceedings for breach of trust QUESTION 2 Consider the legal differences between a custodian and a m

State article 30 of international law, State Article 30 of international la...

State Article 30 of international law Article 30 further states that his or her private residence and papers, correspondence and property are all inviolable.

General Partner - Liability of Partners, General Partner - Liability of Par...

General Partner - Liability of Partners The General partner's liability extends for the whole of the debts to the partnership. Thus he is jointly with the other partners. Conv

Explain the meaning of the term reverse logistics, Question 1: (a) What...

Question 1: (a) What do you understand by the term Logistics Management? (b) What are the three types of costing which come under storage? (c) Explain the role of Public

What is the dispute resolving mechanism, What is the dispute resolving mech...

What is the dispute resolving mechanism Obligation to follow a treaty between states arises only when it has been concluded in a written form. Moreover, a treaty must be in a

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