The Nevada Corporation Commission, like in the case of other state corporation commissions, is vested with regulatory authority over the many business and economic interests in Nevada. Nevada is a bustling place with a thriving business community. The corporation commission is of vital importance for maintaining basic control and for defining procedures that are to be followed in Nevada. The interests of the Nevada Corporation Commission are varied and are delineated by the state constitution and the state law.

Myths—these unconscious or semi-conscious beliefs have a strong influence on how we orient our behavior and actions. The ones that seem to influence us the most are directed towards our personal lives. But, there are business myths that have a profound impact on our decisions. The problem arises when some of these myths are believed to be true when in actuality they maybe false or only partly true. The goal of this article is to explore some of these business myths and their accuracy.