Internet Explorer users are warned against Poison Ivy

(Phys.org)—More than a few Internet Explorer users stand vulnerable to fresh attacks of Poison Ivy. In the latest headline in the "Internet Explorer has a flaw" saga, a security hole in Internet Explorer 7,8, and 9 is ...

New Duqu virus linked to Microsoft Word Documents

I new virus has cropped up in various countries across the world and its target appears to be corporate networks. The Duqu virus, first noted last month by a laboratory at Budapest University, has now been spotted in several ...

Google TV may be on the way

(PhysOrg.com) -- Google is planning to launch Google TV later this month according to news reports, with the Google I/O conference on 19-20 May tipped to be the most likely date for the big announcement. There is also speculation ...

McAfee antivirus program goes berserk, freezes PCs

(AP) -- Computers in companies, hospitals and schools around the world got stuck repeatedly rebooting themselves Wednesday after an antivirus program identified a normal Windows file as a virus.

Internet set for change with non-English addresses

(AP) -- The Internet is set to undergo one of the biggest changes in its four-decade history with the expected approval this week of international domain names - or addresses - that can be written in languages other than ...

Report: Widespread data sharing, 'Web bugs'

(PhysOrg.com) -- Researchers at the University of California, Berkeley's School of Information released a report late Monday (June 1) showing that the most popular Web sites in the United States all share data with their ...

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Corporation

A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter (i.e. by an ad hoc act passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.

An important (but not universal) contemporary feature of a corporation is limited liability. If a corporation fails, shareholders may lose their investments, and employees may lose their jobs, but neither will be liable for debts to the corporation's creditors.

Despite not being natural persons, corporations are recognized by the law to have rights and responsibilities like natural persons ("people"). Corporations can exercise human rights against real individuals and the state, and they can themselves be responsible for human rights violations. Corporations are conceptually immortal but they can "die" when they are "dissolved" either by statutory operation, order of court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate 'death', when creditors force the liquidation and dissolution of the corporation under court order, but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of criminal offenses, such as fraud and manslaughter. However corporations are not living entities in the way that humans are.

Although corporate law varies in different jurisdictions, there are four characteristics of the business corporation:

This text uses material from Wikipedia, licensed under CC BY-SA