What is a shell corporation?

Question

in legal terms, what is a shell corporation?
In a factums of a legal document, what is Schedule?

Answer 1

A shell corporation is defined in Barron's Finance & Investment Handbook as "a company that is incorporated but has no significant assets or operations. Such corporations may be formed to obtain financing prior to starting operations.... The term is also used of corporations set up by fraudulent operators as fronts to conceal tax evasion schemes." They are also known as Specified Purpose Acquisition Companies (SPACs).

Since a factum is a list of known or accepted facts, a Schedule would be a list of evidence supporting these facts.