by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Unissued Stock?An Unissued stock refers to stock owned by a company but have not been issued or offered for sale in the market. Unissued stock is a class of stock that has been authorized for use in the charter of a company but are yet to be issued. Unissued...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Uniform Partnership Act?In the United States, the National Conference of Commissioners on Uniform State Laws (NCCUSL) proposed the Uniform Partnership Act (UPA). The objective of the Act is to govern business partnerships in the U.S. The act contains...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Dissolution of a Business? Dissolution of a business means to undertake the formal process of dissolving the legal entity. For entities that arise by default, this can be done by declaring among the owners that the entity no longer exists. With entities filed...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Entity Theory? The entity theory is a fundamental concept assuming that the activities carried out by an organization are separate or distinct from its owners. This theory revolves around the belief that the activities of a business organization are dependent...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Chief Information Officer? A chief information officer is the topmost executive job title assigned to a person in charge of information technology in an organization. The CIO works specifically with the department of information technology (IT) to lead the...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Chief Investment Officer? A chief investment officer refers to a high-level executive who is charged with the responsibility of managing a company’s investment portfolios. The CIO major investment roles are to develop and oversee investment plans (both...
