What is an important reason business owners choose the election for s corporation status.

Q: By definition, which of the following represents the owners of a corporation? Your answer: O…

A: The balance sheet represents the financial position of the business with assets and liabilities on a…

Q: the difference between a Corporation, Partnership, and P

A: There are three different forms of organization and each have own advantages and suitable for…

Q: Which of the following is not among the basic rights of a shareholder? To share in the corporate…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: What is ordinarily the first step in the Formation of a corporation? * O Development of by-laws for…

A: Solution: The first step in the formation of the corporation is "Application for incorporation to…

Q: How do corporations go public and continue to grow

A: Private corporations go public because due to increasing operations they need to fulfill liquidity…

Q: Can the members of a non-stock corporation receive compensation

A: non stick corporations are that corporations which do not issue stock to members. Members who are…

Q: why does the stockholders and members not allowed to have a meeting outside the city where the…

A: Shareholders attend a meeting every year, commonly known as AGM or Annual general meeting. It is the…

Q: What are the benefits of the corporation in comparison with the partnership and proprietorship…

A: A corporation is a separate legal entity owned by the shareholders, who profit from the company's…

Q: Why are so many businesses structured as sole proprietorships when the corporate form of business…

A: A sole proprietorship refers to the sole individual entrepreneurship that is run by one person who…

Q: What are some reasons why the value of a business other than a small one is generallymaximized when…

A: A corporation is a lawful entity working independent and separated from its proprietors. It can…

Q: Compare the potential for agency problems in sole proprietorships, partnerships, and corporations.…

A: An agency issue is a contradiction of interest that exists in every connection in which one person…

Q: Owners of a corporation are called members. O True O False

A: The answer is false  Refer step 2 for explanation

Q: hich of this statement shows the advantage to form a corporation? Select one: a. Owner

A: Explanation : In simple words, when a business entity is considered as a corporation, the general…

Q: Characteristics of a corporation include a.shareholders who are mutual agents b.direct management by…

A: Shareholders are considered as the owner of the corporation but their liability are limited to the…

Q: What is the fiduciary duty (i.e., the primary goal) for mostU.S. corporations?

A: Introduction: A fiduciary obligation is the highest level of treatment, where the one who owes these…

Q: What is a limited liability corporation? Discuss its advantagesand disadvantages. You can search the…

A: Like a corporation, a financial obligation company or "LLC," may be a separate and distinct legal…

Q: What advantages does a corporation have over a sole proprietorship? Whatare the disadvantages of a…

A: There exist different forms of business structures from which we can choose while incorporating a…

Q: Which one of the following is not an ownership right of a stockholder in a corporation? * O To vote…

A: Introduction: Stockholder: One who holds stocks of the corporation called as stockholder of the…

Q: True or false, why. 1. Shareholders can transact business on behalf of the corporation.

A: Shareholders Shareholders is treated as the business owners of the entity which has the power of…

Q: How a corporation is different from a partnership in terms of owner, legal status, liabilities,…

A: The distinction between a corporation and a partnership in terms of owner, legal status, liability,…

Q: .Which of the following is NOT one of the basic shareholder's rights? Which of the following is NOT…

A: Shareholder means a person who holds the shares. When we divide company capital into small parts are…

Q: Stockholders are of the business. of a corporation. Common stockholders have the right to vote on…

A: Company needs various type of sources in order to raise finance for the business. Issue of shares is…

Q: Write T or F. Then briefly explain. In a corporation, minority shareholders are compliant to the…

A: solution concept Minority shareholders means the shareholders who have less than 50% stake They…

Q: How does the Model Business Corporation Act affect the way corporations operate?

A: Corporation: A business concern where there is a separate legal entity, and are owned by…

Q: What are the key characteristics of a corporation? What are some of the advantages and disadvantages…

A: Corporation : A corporation is a legal entity whose investors purchase shares of stock as proof of…

Q: How does The Model Business Corporation Act designed to serve?

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: TRUE OR FALSE.  IF FALSE WHY. Shareholders elect the board of directors which appoints the…

A: Shareholders:- These are those investors who invested in the share capital of the company. In…

Q: how do owners’ equity accounts in a corporation differ from those in a sole proprietorship or…

A: Stockholder’s equity: It refers to the amount of capital that includes the amount of investment by…

Q: Are the stockholders of a corporation are considered as residual claimant of the business…

A: A shareholder, often called a stockholder, is a person, organization, or institution that owns at…

Q: owners of corporations

A: Correct Answer :- A  Shareholders

Q: For what reason do corporations retain earnings in the business?

A: Retained earnings: Retained earnings are that portion of profits which are earned by a company but…

Q: What should be the primary goal of a corporation?

A: Corporation: It refers to a large company considered as an individual entity and recognized in law.