How many corporations are there in the world?

homestarmy

Diamond Member
Apr 16, 2004
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artwilbur.com
I am writing a paper with someone, and they started off the intro with "millions of corporations"...

That seems like a lot. Could there really be MILLIONS of corporations throughout the world?

I'm thinking we should play it safe and use a more generic term.

Thoughts?
 
Aug 23, 2000
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There very well could be. A corporation doesn't have to be the size of Sony or Exxon Mobile. A corporation can be one person.
 

GuitarDaddy

Lifer
Nov 9, 2004
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Originally posted by: JeffreyLebowski
There very well could be. A corporation doesn't have to be the size of Sony or Exxon Mobile. A corporation can be one person.


I believe it takes a minimum of three President,Treasurer, and Secretary to form a corporation.
 

homestarmy

Diamond Member
Apr 16, 2004
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artwilbur.com
I don't think so...

But thanks for the info!

In this case, it says that millions have crises every day. Not millions have issues, but full blown crises. I'm going to use the word "countless" instead.
 

ahurtt

Diamond Member
Feb 1, 2001
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Originally posted by: GuitarDaddy
Originally posted by: JeffreyLebowski
There very well could be. A corporation doesn't have to be the size of Sony or Exxon Mobile. A corporation can be one person.


I believe it takes a minimum of three President,Treasurer, and Secretary to form a corporation.

Those are roles, not people. One person could play all those roles, no?
 

SVT Cobra

Lifer
Mar 29, 2005
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Originally posted by: ahurtt
Originally posted by: GuitarDaddy
Originally posted by: JeffreyLebowski
There very well could be. A corporation doesn't have to be the size of Sony or Exxon Mobile. A corporation can be one person.


I believe it takes a minimum of three President,Treasurer, and Secretary to form a corporation.

Those are roles, not people. One person could play all those roles, no?

Yes, you can have a one person LLC.