Corporations Questions and Answers

Can a private company issue shares?




Answers: It depends on what you mean by "issue shares".

A private company can be jointly owned with each person owning one or more shares of the company. The owners can also sell interest in the business to another person which would be counted as one or more shares.

But, the company can not offer shares to the general public on an exchange without becoming a public company.
As long as it is incorporated it can issue shares

What does it take and how much to start a auto warranty company?




Answers: It takes a knowledge of the laws about warranties in your state. You would have to have enough to cover if somebody made a claim.

A sound out something like conflicts of interests.?

Lets say we have several corporations, many which owned shares contained by each other. Could a personage who is a insider---by that I presume it means officer, executive, director, or +10%--- shareholder in one corporation, be such contained by a few of the others?


Answers: There are many populace who are on the board of directors for several corporations. Happens all the time.

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