Identify the term being referred to: A lone entity in charge of issuing new shares on behalf of a corporation *
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Identify the term being referred to:
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- Identify which category of shareholder's equity is affected by each item and briefly explain how it is affected. 1. Sale of additional ordinary shares of the corporationThe number of shares that a corporation’s incorporation documents allows it to sell is referred to as ________.Which of the following characteristics of a corporation limits a stockholder's loss to the amount of his or her investment in the stock of the corporation? Question 7Answer a. Separate legal entity b. Separation of ownership and management c. Transferability of ownership d. Limited liability
- Ownership of shares of share capital entitles the holders to all of the following rights, except: a. To elect the board of directors of the corporation. b. To share in the profits of the corporation. c. To purchase new shares of stock when they are offered for sale. d. To participate in the daily operations of the corporation.Which of the following characteristics of a corporation limits a stockholders losses to the amount of investment in the stock of the corporation? Transferability of ownership Limited liability Separate legal entityWhich of the following characteristics of a corporation limits a stockholder's loss to the amount of his or her investment in the stock of the corporation? a. Separate legal entity b. Separation of ownership and management c. Transferability of ownership d. Limited liability
- This topic is about Corporation. Please answer the ff questions How much is the authorized share capital? How much is the issued share capital? How many shares of stock have been issued?The true owners of the corporation are the a) board of directors of the firm b) holders of debt issues of the firm c) common stockholders d) preferred stockholdersWhich of the following is not a characteristic of a corporation? a.Corporations experience an ease in obtaining large amounts of resources by issuing stock. b.A corporation's resources are limited to its individual owners' resources. c.Ownership is divided into shares of stock. d.Corporations are organized as a separate legal taxable entity.
- 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 companyThe ability of any stockholder to transfer stock to another person without the knowledge or the consent of the other stockholders and without disturbing the normal activities of the corporation is called a. unlimited life. b. suitability for large scale operations. c. taxation of corporate earnings. d. transferable ownership units.Which of the following are included in the total legal capital of a corporation assuming the corporation has a par value?I. Share capital accounts II. Additional paid in capital accountsIII. Retained EarningsIV. Share dividends distributable I only I and II I and III I and IV
