What is an aggregate company?

Aggregate Industries manufactures and supplies a range of heavy building materials, primarily aggregates such as stone, asphalt and concrete, to the construction industry and other business sectors.

What is corporation sole in the Philippines?

The OPC allows a single person (citizen or foreign) to form a corporation without the need for a board of directors or shareholders. With an OPC, the company owner is the director, sole shareholder, and president. Let’s take a look at how you can set up a One Person Corporation in the Philippines.

What is corporate aggregate in jurisprudence?

A corporation aggregate refers to the group of people who unite to form one body under special denomination. This body has an artificial form of perpetual succession and is legally vested with the ability to act and, in some respects, have the same rights as an individual. A corporation aggregate can: Grant property.

What are the examples of corporation aggregate?

A corporation aggregate is an association of human beings united for the purpose of forwarding their certain interests, Limited companies are the best example of a corporation aggregate.

Is a limited company a corporation aggregate?

The final type of corporation aggregate is a company limited by shares. Each member’s liability is limited to the amount, if any, unpaid on the shares held by him/her [Note 4]. A company limited by shares can either be a “private company” or a “public company”.

Which of the following is an example of corporation sole?

Most corporations sole are church related (for example, the Archbishopric of Canterbury), although some political offices of the United Kingdom (e.g., many of the Secretaries of State), Canada, and the United States are corporations sole.

Is a sole proprietor a corporation?

Sole Proprietorship Unlike a corporation, LLC, general partnership, or LLP, a sole proprietoship is not a separate legal entity. The business owner (proprietor) personally owns all the assets of the business and is in sole charge of its operation.

Who is regarded as corporation sole?

Corporation sole is an incorporated series of successive persons. It consists of a single person who is personified and regarded by law as a legal person. In other words, a single person, who in exercise of some office or function, deals in the legal capacity and has rights and duties. A corporation sole is perpetual.

Is Iglesia ni Cristo a corporation sole?

He later registered his new-found religion as the Iglesia ni Cristo (English: Church of Christ; Spanish: Iglesia de Cristo) on July 27, 1914, at the Bureau of Commerce as a corporation sole, with himself as the first executive minister.

What is corporation sole in jurisprudence?

Corporation Sole : Is an incorporated series of successive persons. It consists of a single person who is personified and regarded by law as a legal person. In other words, a single person, who is in exercise of some office or function, deals in legal capacity and has legal rights and duties.

Is a corporation sole a body corporate?

Body corporate and corporations are one and the same thing which also includes a company which was incorporated outside India. A body corporate does not include the following: Corporation Sole: A corporation sole is a legal body which has just a single incorporated office.