________ is a separate entity and in that capacity can borrow from banks, bondholders, preferred stockholders, and common shareholders. A. limited partnership B. sole proprietorship C. government organization D. public company
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________ is a separate entity and in that capacity can borrow from banks, bondholders, preferred stockholders, and common shareholders.
A. limited
B. sole proprietorship
C. government organization
D. public company
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- Question A _______________is a separate entity and in that capacity can borrow from banks, bondholders, preferred stockholders, and common shareholders. A. limited partnership B. sole proprietorship C. government organization D. public companyDifferentiate the SCE (Statement of Changes in Equity) of a sole proprietorship, a partnership and a corporation.Of the following forms of business organization, which have stockholders with limited liability? a) limited partnerships b) partnerships c) corporations d) proprietorships
- Compare owner’s equity in a sole proprietorship, partners’ equity in a partnership,and stockholders’ equity in a corporation.Give the pros and cons of using partnership, corporation and any other forms in establishing own accounting firm.Which of the following forms of business organization can finance its operation through acquiring bank term loan and by issuance of equity securities? General Professional Partnership Single proprietorship Limited partnership Corporation
- Which among the following form of business organization can issue shares to the general public? a. Partnership firm b. Limited Liability Company c. Public limited company d. Private companyTopic: Introduction to Corporation True or False1. A corporation can be a general partner in a partnership.2. The board of directors shall exercise the corporate powers of a corporation.3. A public corporation is one formed for the government of a portion of the state.4. All incorporators are subscribers, but a subscriber need not be an incorporator.5. A partnership can be a corporator in a corporation.6. A corporation can come into existence by mere agreement of the partnership as in the case ofpartnerships.7. A corporation can be held liable for personal indebtedness of a shareholder.8. Shareholders may be natural or juridical persons.9. The board of directors is responsible for the formulation and implementation of the overallpolicies for the corporation.10. Eleemosynary corporations are those organized for public charity.11. A corporation is an artificial being with personality separate and apart from its individualshareholders or members.12. A corporation has continuity of…1. What is a Statement of Changes in Equity? 2. What are the elements of an SCE? 3. Differentiate the SCE of a sole proprietorship, a partnership and a corporation.
- Describe the difference between a sole proprietorship, a partnership, and a corporation?NOTE: ANSWER ALL WITH TRUE OR FALSE 2. A corporation can be general partner in a partnership.3. A public corporation is one formed for the government of a portion f the state. 4. All incorporators are subscribers but a subscriber need not be an incorporators.5. A partnership can be corporator in a corporation.6. A shareholder in a corporation does not have the right to transact corporate businessor to intervene in the management of the business.7. A corporation can come into existence by mere agreement of the parties as in the caseof partnerships.8. Eleemosynary corporations are those organized for public charity.9. Shares of stock cannot be transferred without the consent of the other shareholders.10. Shareholders may be natural or juridical persons.11. Death of s shareholder will dissolve the corporation.12. A de jure corporation is a corporation existing in fact and in law.13. Shares without par may be issued for a consideration less than P5.00 per share.14. A corporation may be an…Subject: Law on Partnership and Corporation 1. What are some of the causes of vacancy in the office of director or trustee? How can the vacancy be filled up?