McDonald’s issues a stock and paid a quarterly dividend.

Its origin in
San Bernardino, California which is a foreign as to the state or country of
incorporation thus it was formed, organized or existed under United States
law. This corporation has more than one corporator, as to the number of
persons composing the company, it is a corporation aggregate. As
McDonald’s main goal is to earn money from the products and service, they
provide they consider be a private sector that is formed for a private
purpose. This corporation is a lay because they formed for the purpose to
be the customers’ favorite place and way to eat and drink. Their vision
statement is “… to drive profitable growth and become an even better
McDonalds serving more customers...” thus, this makes them civil. They
created in strict or substantial compliance with the legal requirements
whose right to exist cannot successfully be attacked in a direct proceeding
for their purpose by the state. McDonalds is a parent company its
subsidiaries are Donatos Pizza, Chiptle Mexican Grill, Krispy Kreme and
more. Its shares are open to public but must at least hold 10 shares of
McDonald’s stock in your name they may enroll. The Company exercised
corporate powers for such length of time without interference from the state
and which by fiction of law is given the status of corporation.

I have experienced availing the goods or services of McDonalds,

often we bought their chicken fillet or ala king meal with fries for lunch
because it is student friendly price. I am a fries lover and I could say that
they have the best French fries because it is perfectly cooked.

In the amid of pandemic, many physical store or businesses were

closed because of the virus outbreak. I observed that many people are in
to online business and some are converting their type of business to online.
I think in this time of pandemic the best type of business is online because
it is easier and can lessen physical contacts or going out by the help of the
many courier services available. After this pandemic, business online can
build or have a physical store when their business grow. Online business
such as plants, pots, milk teas, clothes, fashionable masks and more that
are products or services that are trending.

Opening store during this time is a big risk for the businessmen
because this could affect their financial situation and could lead to a higher
expense than making profits. I think it is still wise to incorporate before the
end of 2020 because there are a lot of product that may be common but by
being creative you can make it unique from others. With the help of the co-
incorporators I think combining ideas will help to have a unique and eye-
catching product to customers. It is also wise since you do not need to go
on your physical stores, it is time consuming, to sell. Now it is easier since
all you have to do is check the customer’s messages and process the
shipment.

As a potential incorporator, I think the ideal number of persons to

start a corporation is depends on the type of business. For example, in a
computer shop business it would be good to have at least 2 incorporators
since computer shop can be handle by 2 persons. Another is a restaurant
business it is also wise to have at least 5 corporators since to start a
corporation because restaurant needs a large amount of money to start up.
When the business will grow that is the time that you can open stocks
publicly.