Corporations

• Entrepreneurship
• Secondary Education

Name some corporation in Bahrain with which you are familiar.

Chapter 7.2:

Corporations

Pages 158-164

Objectives

 Categorize the corporate form that gives owners more protection from liability

 Articulate on the advantages and disadvantages of the Corporations

 Correlate the different legal forms of ownership

Corporation

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

Which legal form of business is right for you when you start a business?

How do you think owners are more protected in a corporate form of business from liabilities ?

What are the owners of the corporation called?

1. Share
2. Director
3. Shareholder
4. Board of Director

Pairs

1.Farah and Maria

2. Zainab and Raghad

3. Mariam and Yasmeen

4. Shatha and Malika

5.S. Ahmed and S. Mohammed

In pairs , debate the advantages and disadvantages of starting a corporation .( At least 3 points)

What is the advantage of holding the majority of a company's stock?

Write the learning objective of this part.

Groups

1.Maria, Farah, Malika, S. Mohammed, Shatha

2.Mariam, Zainab, Raghad, Yasmeen,S. Ahmed

In your groups find the different forms of company in Bahrain. Explain also their specifications and difference between each.Also state if they are related to each other in any manner.

Ask a question to your friend.

What are the main points of the lesson?