corporations

• Entrepreneurship
• Secondary Education

Name some corporations in Bahrain which you are familiar with.

Chapter 7.2

Corporation 

Pages 153-166

Objectives

Examine that the corporate form gives owners more protection from liability

Compare the advantages and disadvantages of the Corporations

Conclude the different legal forms of ownership

A corporation is a business that is registered by a state and

operates apart from its owners. A corporation lives on after the

owners have sold their interests or passed away.

Activity 1 :Which legal form of business would you start on your own?

How are the owner's more protected in a corporate form of business?