business school work, corporation

Allen James

Corporation

            My choice is a corporation.  I choose a corporation because it is pretty easy to start.  There is a little more paperwork but it doesn’t matter.  All I need to do is get a little investment.  I could get some friends to invest and insure them that it is a right choice.

            Some advantages is that a corporation is defined as a legal entity or structure created under the authority of a state’s laws, consisting of a person or group of persons who become shareholders.  One of the key reasons for forming a corporation is the limited liability protection provided to its owners.  Because a corporation is considered a separate legal entity, the shareholders have limited liability for the corporation’s debts. The personal assets of shareholders are not at risk for satisfying corporate debts or liabilities.

                Some disadvantages are it costs money to incorporate. There are four types of fees: a fee to file the Articles of Incorporation with the Secretary of State, a first-year franchise tax prepayment, fees for various governmental filings, and attorneys’ fees. But every year, tens of thousands of businesses choose to incorporate online without the use of an attorney.

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Allen James

Article Analysis

Jobless claims hold at 10-month low

The number of first-time filers for unemployment insurance was unchanged last week, holding at the lowest level since January, said a government report released Thursday.  There were 505,000 initial jobless claims filed in the week ended Nov. 14, the same as the revised figure the previous week, the Labor Department said in a weekly report.   A consensus estimate of economists surveyed by Briefing.com expected 504,000 new claims.  The 4-week moving average of initial claims was 514,000, down 6,500 from the previous week’s revised average of 520,500.  “After two hefty declines, claims were due a pause this week,” said Ian Shepherdson, economist at High Frequency Economics, in a research note.  “Even when the underlying trend is clear, claims tend not to run in the same direction week after week,” Shepherdson added.  Claims are “heading in the right direction,” Shepherdson said, and he believes employment will level off in the first half of next year – possibly as soon as the end of the first quarter.

I think this is good and bad.  It is supposed to get worse before it gets better.  500,000 more people will be filing for claims and that is fine.  It is not rising or lowing so that means that it is getting better.  Unemployment is supposed to be leveling off maybe in the first half of the next year.

School Work

MUST PRINT!!!