To qualify as a B corporation, a business must be certified by a state government agency?   True or False

Q: professional corporation what is required?

A: Before understanding the qualification we need to understand the term Professional corporation.…

Q: The owners of a corporation are the O board of directors O officers stockholders O top managers

A: The stockholders are the parties that have a direct or indirect interest in the performance and…

Q: Which is not true of a corporation’s board of directors a. They are elected by the shareholders b.…

A: A board of directors is designated individuals that signify shareholders. A corporation is succeeded…

Q: Which of the following is correct about partnership form of business? a. Limited partners are…

A: In a partnership form of business, there can be four types of partnerships in which entrepreneurs…

Q: mention the main responsibilities of the board of directors illustrating degree of involvement of…

A: The board of directors are considered to be the representatives of the share holders who are the…

Q: All of the following are elements of creating a corporation EXCEPT A) each state has a specific…

A: A corporation is a special form of business organization. The steps involved in forming a…

Q: Which type of business allows share limit to 100 shares maximum. a. Partnership. b. S Corporations…

A: A partnership firm is a business owned by a minimum of two individuals. In a partnership business,…

Q: What is an example of a certified B corporation

A: Guaranteeing as a B Corporation addresses the most significant chance for both interior and outside…

Q: What are the goals of a corporation

A: various company works according  to the list so  to earn profit achieve the target.

Q: 9. Corporations can pay lower taxes than partnerships. O True O False

A: А  соrроrаtiоn  is  аn  оrgаnizаtiоn—usuаlly  а  grоuр  оf  рeорle  оr  а  соmраny—аuthоrized  by…

Q: Why is it important for a business owner to understand the 3 principal forms of a business…

A: The business owner had to consider the different forms of business organization such as sole…

Q: What is an example of a public corporation?

A: Public Corporation - A business whose shares are traded openly and are often held by many…

Q: How many persons a corporation can consist of

A: We all know that we are living in the era of business and corporations are very small business…

Q: A company that distributes earnings to its shareholders refers to which of the following? a.…

A: Find the answers below: The Correct answer is Dividend but option is not available so we may use…

Q: describing the obligations of corporate directors to a business corporation. include a discussion of…

A: Corporate directors oversee the affairs of the corporation in order to protect the interest of the…

Q: what responsibilities does a corporation have? Is its responsibility to be construed narrowly as…

A: CORPORATE RESPONSIBILITIES: These refer to the obligations of the business towards four main…

Q: Stockholders elect a group of members from among them to manage the affairs of the Corporation, this…

A: The shareholder, also referred to as the stockholder, is an individual, business or entity that owns…

Q: Explain six major disadvantages of incorporating a business as a corporation.

A: Formalities and Expenses  The incorporation of an organization is an extremely intricate legitimate…

Q: How does a regular (C)corporation differ from a not-forprofit corporation?

A: Business can be described as an activity of trade which involves the activity of sale and purchase…

Q: Which of the following should come in the blank space in the expression "............. companies,…

A: D) Incorporated company

Q: Which of the following is an advantage of a Corporation? a. None of the above b. Shared…

A: Corporation is the form of business in which there is a separate legal entity. Separate legal entity…

Q: Why open corporations are required to submit detailed reports to government agencies?

A: INTRODUCTION: An open corporation is a type of company where shareholders have the right to freely…

Q: The S-corporation form of organization allows a corporation to avoid double taxation.;True or False

A: Double Taxation- A tax principle that refers to income tax paid double on a similar source of income…

Q: Identify 2 things that legally distinguish a 501 c 3 nonprofit enterprise from a “for profit”…

A: 2 Distinct features are as follows: 1. A 501 {c} (3) organizations are unique from other…

Q: Unlimited liability” is a disadvantage for Select one: a. Partnerships & sole proprietorships b.…

A: Unlimited liability can be defined as the legal responsibility of the business owners and partner…

Q: The Smith family has a very successful family tea shop that also provides wireless Internet access…

A: Business owner is the one who solely or together with partners, controls operational decision making…

Q: Define public limited liability business with appropriate examples. Briefly explain three main…

A: There are different types of limited liability companies. These are as follows: 1) limited liability…

Q: In comparing partnerships with corporations, the major factor favoring the corporate form is a. ease…

A: A partnership is a common business form for a corporation with many proprietors. On their individual…

Q: Which of the following statements are true about an S Corporation? Group of answer choices A.…

A: ANSWER : Protections of incorporation: limited liability, transfer of interest A S corporation…

Q: The day-to-day operations of a corporation are overseen by   a. the officers.   b. the directors.…

A: Whether it is a manufacturing concern, sales or a service concern there are several day to day…

Q: Evaluate the different responsibilities of the board with particular emphasis on the impact they…

A: First, let us understand the concept of Board of Directors. Board of Directors can be selected as…

Q: What is the corporate charter?

A: Corporations kind of business entities dominates the business operations of generally all developed…

Q: 5- Which statement is not a feature of a franchise outlet? a. Strict compliance to rules and…

A: A franchise is a continuing relationship between a parent company which is called a franchise and an…

Q: What are the classifications of a corporation?

A: A corporation is referred to as a legal entity that is created by stockholders and individuals with…

Q: The factor is the financial resources needed to start and expand a business. Decide whether this…

A: Partnership is a mutual contract in which two or more people are willing to work together in an…

Q: 1. Discuss how characteristics of not-for-profit organizations differ from for-profit organizations.…

A: Here multiple questions are being asked and we are advised by team Bartleby to answer only single…

Q: Discuss the following statement: “Corporations are notreally run by their owners.”

A: We can analyse the statement if the Size of the organization is clear and comes to picture. Which…

Q: To what extent do corporate officers control the activitiesof a corporation?

A: A company is controlled by its shareholders and theoretically has a considerable degree of power…

Q: An S corporation is a hybrid entity that shares some characteristics with C corporations and some…

A: The main distinction between C corporation and S corporation is related to the taxes. C corporation…

Q: Write down the advantages and disadvantages of a Regular Corporation, an S Corporation, and a…

A: A business organization is an entity that is incorporated for carrying out commercial activities.…

Q: The Smith family has a very successful family tea shop that also provides wireless Internet access…

A: I recommend that the Smith  family should  form a Limited Liability Company(LLC).