fibo-be-le-cb:Corporation

@prefix cmns-av: <https://www.omg.org/spec/Commons/AnnotationVocabulary/> .
@prefix cmns-org: <https://www.omg.org/spec/Commons/Organizations/> .
@prefix cmns-rga: <https://www.omg.org/spec/Commons/RegulatoryAgencies/> .
@prefix fibo-be-le-cb: <https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/CorporateBodies/> .
@prefix fibo-fnd-rel-rel: <https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/> .
@prefix owl: <http://www.w3.org/2002/07/owl#> .
@prefix rdfs: <http://www.w3.org/2000/01/rdf-schema#> .
@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix xsd: <http://www.w3.org/2001/XMLSchema#> .

fibo-be-le-cb:Corporation a owl:Class ;
    rdfs:label "corporation"@en ;
    rdfs:isDefinedBy fibo-be-le-cb: ;
    rdfs:subClassOf [ a owl:Restriction ;
            owl:minQualifiedCardinality "0"^^xsd:nonNegativeInteger ;
            owl:onClass fibo-be-le-cb:InstrumentOfIncorporation ;
            owl:onProperty fibo-be-le-cb:isConstitutedBy ],
        [ a owl:Restriction ;
            owl:onProperty fibo-fnd-rel-rel:hasLegalName ;
            owl:someValuesFrom xsd:string ],
        [ a owl:Restriction ;
            owl:onClass cmns-rga:Jurisdiction ;
            owl:onProperty fibo-be-le-cb:isIncorporatedIn ;
            owl:qualifiedCardinality "1"^^xsd:nonNegativeInteger ],
        cmns-org:LegalEntity ;
    skos:definition "formal organization that is a legal entity (artificial person) distinct from its owners, created under the jurisdiction of the laws of a state or nation" ;
    cmns-av:explanatoryNote "A corporation has three distinguishing characteristics: (1) separation of ownership from management and general liability, i.e., its liability to creditors is limited to its resources, unlike some partnerships and sole proprietorships, (2) the ability to negotiate contracts and own property, and (3) transferable ownership, irrespective of changes in membership or the lifetimes of its stockholders.",
        "A corporation is managed by or under the direction of a board of directors, which generally determines corporate policy. Officers manage the day-to-day affairs of the corporation." ;
    cmns-av:synonym "body corporate" .