Which of the following is a legal entity separate from its shareholders? A general partnership A nonprofit association A corporation All of the above
Q: Corporate structures include all of the following except
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A: The answer is as follows:
Q: Explain the characteristics of sole proprietorships, analyze the advantages and disadvantages of…
A: Note: Since you have posted multiple questions, we will answer the first one as per the guidelines.…
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A: Find the answers below: The correct answer is a) When the owner dies
Q: True or False A Sole Proprietorship, owned by one person, is a form of business organization that…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…
Q: partnership causes it to dissolve
A: The correct answer is Lack of continuity.
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A: The correct option is C: A horizontal merger. The horizontal merger takes place between the two…
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A: A corporation is a large company or group of companies that act as a single and legal entity…
Q: general partnership
A: General partnership is a business game plan by which at least two people consent to partake in all…
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A: The shareholder, also referred to as the stockholder, is an individual, business or entity that owns…
Q: Stakeholders who invested their capital in the corporation
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Q: The S-corporation form of organization allows a corporation to avoid double taxation.;True or False
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Q: .________It is an association of two or more business owners
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Q: Which of the business structures (Corporation,Partnership,sole Proprietor) has limited liability…
A: 1.Which of the business structures (Corporation,Partnership,sole Proprietor) has limited liability…
Q: All businesses must start out as sole proprietorships before they can be partnerships. True or False
A: **Since you have asked multiple questions, we will solve the first question for you. If youwant any…
Q: Which of the following rights may a member of a limited liability company (LLC) transfer to a…
A: In a Limited liabity company has a person's financial status fixed to certain sum, legally
Q: Stockholders in a corporation have limited liability. True or False True False
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A: Independent directors are the non executive directors who does not own large amount of shares in…
Q: A Sole Proprietorship has the advantage of least government regulations.
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A: A Merger refers to the combination of one or more business entities into a single business entity in…
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Q: 4) The decision-making process in a partnership tends to be faster when A) there are numerous…
A: Option B is correct, The reason is that to refine your decision- making process in the partnership…
Q: Unlimited liability is an advantage of a sole proprietorship; True or False
A: Ownership of business implies about having control in business working based upon legal structure…
Q: drawbacks of using Article of association and its usefulness
A:
Q: Which of the following actions would be most likely to decrease agency costs for the firm? Multiple…
A: Agency Problems Agency Conflict is any problem that may arise between the owner (the principle) and…
Q: Which or the following is false regarding a corporation. They can be publicly or privately owned The…
A: Corporation: It is a large group of companies that follow single accounting rules and regulations so…
Q: Which of the following must occur for a new partner to enter the partnership by acquiring an…
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Q: Which of the following is not suitable to general partners? They are not subject to same liabilities…
A: General Partnership: A general partnership is a business arrangement where two or more people accept…
Q: 9. State the purpose of corporate governance. 10. Explain the basic objectives of corporate…
A: Since you have asked multiple questions so we will solve only the first question for you. If you…
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- A company that distributes earnings to its shareholders refers to which of the following? a. Partnerships b. Limited Liability Companies c. Corporation d. Sole proprietorshipThe distinguishing feature of a corporation is that A) their is no legal difference between the corporation and its owners. B) it is a legally defined, artificial being, separate from its owners. C) it spreads liability for its corporate obligations to all shareholders. D) provides limited liability only to small shareholders.A business firm whose shares are held by a single person may be a sole proprietorship, but it cannot a corporation. True False
- All except which one of the following is an advantage of the corporate form of business organization? a. The corporation is a legal entity and can sue and be sued without involvement of its owners b. The corporation as unlimited life. c. The corporation has greater access to financial capital because of its ability to issue stocks and bonds. d. The corporation is the easiest and cheapest kind of business organization to form.A single proprietorship is a form of business organization which....... a. has one owner-manager who is personally responsible for the firm's actions and debts b. allows easy transferability of ownership by the trading of shares c. has a single owner but has directors who are responsible for the firm's debts d. has limited liabilityCorporate structures include all of the following except: a. Partially controlled subsidiaries and wholly independent corporations b. Quasi-independent sister corporations c. Parent holding corporations d. Wholly controlled subsidiaries and wholly independent corporations
- Which is not true of a corporation’s board of directors a. They are elected by the shareholders b. They set the corporation’s policies c. They are in charge of daily management decisions d. They owe a fiduciary duty to shareholdersWhich of the following statements is correct in relation to limited partners? Select one: a. Their liability is limited to the capital they have agreed to invest in the partnership b. They have no liability for partnership debts c. They have full liability for partnership debts.BUSINESS LAW (263) Which of the following statements is correct regarding a limited partnership? Group of answer choices The general partner must make a capital contribution. It can only be created pursuant to a statute providing for the formation of limited partnerships. It can be created with limited liability for all partners. At least one general partner must also be a limited partner.
- Which is true about a limited partnership (LP)? a. General partners are exposed to liability for all of the businesses’ debts, and limited partners are only exposed to the extent of their investment b. Limited partners are exposed to liability for all of the businesses’ debts, and general partners are only liable to the extent of their investment c. All partners, both general and limited, are exposed to liability for all of the businesses’ debts d. All partners are exposed to liability only to the extent of their investmentWhich of the business structures (Corporation,Partnership,sole Proprietor) has limited liability which Of the business structures can sell stocks Which of the business structures must share profits which of the business structures are complex to set upWhich of the following statement describe a sole proprietorship? a. Owner in sole proprietorship has less responsibility in running his business compared to partnership b. The owner of sole proprietorship has less available capital compared to partnership c. The sole proprietorship business has unlimited capital compared to partnership d. The liability of sole proprietor is limited compared to partnership