Differentiate the Following

Incorporators and Corporators

Corporators are those who comprise the corporation, whether as stockholders or members, whereas
incorporators are
those stockholders or members labeled in the articles of incorporation as the ones who founded the
company and are
signatories of the document.
Domestic and Foreign Corporation
A domestic corporation is one that is formed under Philippine law. A foreign corporation is one that is
formed under
the laws of a country other than the Philippines and whose laws permit Filipino citizens or corporations to
conduct business in
the country.
Authorized capital stock from Outstanding capital stock
The total number of shares that a corporation is permitted to issue if the shares have a par value is known
as
authorized capital stock. If the stock does not have an authorized capital stock but does have an
authorized number of shares to
issue. The corporation will have a capital stock but not an authorized capital stock once it is issued. The
total number of shares
of stock issued to subscribers or stockholders, whether fully or partially paid, is referred to as outstanding
capital stock (as long
as there is a binding subscriptions agreement).
Subscribe capital stock and Paid up capital
The portion of capital stock that has been subscribed is known as subscribed capital stock.
Whether paid or unpaid, paid-up capital stock is a portion of the corporation's subscribed capital stock.
Common share from Preferred shares
The ordinary stock of the corporation, known as common stock or share, entitles the holder to a pro rata
division
without any preference or advantage over other stockholders. Preferred stock gives its owner special
treatment over other
shareholders.
Par value and No Par value
The nominal value on the stock certificate is called the par value.While there is no nominal or par value on
the stock
certificate, there is no par value.