corporation · business
Ask Prometheusa company that is a legal distinct entity from its members
Corporation (noun) means: a company that is a legal distinct entity from its members. It emerges from company, legal, organization, distinct: the company is given legal status and organized as an administrative body, creating a distinct entity. In the EmergenceLexicon it sits at computed level 11, chaining down to the four foundations (space, time, energy, pattern).
Examples
- Apple Inc. files taxes separately from its employees and shareholders. economics
- The East India Company waged war and negotiated treaties as a legal person. institutions
- Enron Corporation's bankruptcy in 2001 erased shareholder equity but left legal obligations intact. business
Emergence
through: the company is given legal status and organized as an administrative body, creating a distinct entity
- legal separateness from members
- continuing existence independent of membership
- capacity to act as a single entity under law
Chain to foundations
full chain as text (178 steps)
- corporationL11
- companyL9
- businessL8
- setsL3
- patternL0
- othersL2
- spaceL0
- timeL0
- patternL0
- differenceL1
- patternL0
- boundaryL2
- spaceL0
- differenceL1
- changeL1
- differenceL1
- interactionL2
- makeL4
- useL6
- persistL1
- profitL7
- makeL4
- useL6
- differenceL1
- timeL0
- setsL3
- peopleL6
- workL3
- businessL8
- legalL10
- organizationL10
- partL1
- arrangementL3
- purposeL9
- goalL6
- meaningL8
- groupsL5
- regularL1
- distinctL3
- entitiesL4
- memberL7
- companyL9
Neighborhood
Concepts that depend on this one above; what it is built from below.
Relations
| is-a | company.economic | is-a |
| is-a | organization.administrative | is-a |