Which of the following is not considered to be a characteristic of the corporate form oforganization?Unlimited liability of stockholdersO Ability to acquire capital through the issuance of stockSeparate legal existence.Transferable ownership rightsContinuous life

A corporate is an seperate legal entity with limited liability.

Answered: Which of the following is not…

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter18: Corporations: Organization And Capital Structure

Section: Chapter Questions

Problem 11DQ

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Similar questions

The 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 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 entity
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? a. Separate legal entity b. Separation of ownership and management c. Transferability of ownership d. Limited liability
1. A share capital which has priority as to the payment of dividends. * Choices; Promotion share capital Preference share capital Ordinary share capita Treasury share capital 2. A corporation existing in fact and in law Choices; De facto corporation De jure corporation Domestic corporation Foreign corporation
Which one of the following is not an ownership right of a stockholder in a corporation? * To vote in the election of directors To declare dividends on the common stock O To share in assets upon liquidation O To share in corporate earnings
Which of the following is not considered to be an advantage of a corporation?a. Limited liability of stockholders for the corporation’s debtsb. Continuous lifec. Double taxationd. Ability to raise more capital than a partnership or proprietorship
which characteristics of a corporation limits a stockholder's loss to the amount of his or her investment in the stock of the corporation ?
Characteristics of a corporation include a.shareholders who are mutual agents b.direct management by the shareholders (owners) c.shareholders who have limited liability d.its inability to own property
Distinguish between paid-in capital and retained earningsof a corporation. Why is such a distinction useful?
When does a corporation incur a liability for a dividend?
Which of the following is not an advantage of the corporate form of business organization? a) unlimited life b) transferability of ownership c) limited liabilitiy of stockholders d) unlimited personal. liability for stockholders
The pre-emptive right of common shareholders is defined as the right: a. to receive cash dividends before preferred shareholders. b. to participate proportionally in the corporate assets in the event of a liquidation. c. to participate proportionally in any new issuance of common shares.

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Which of the following is not considered to be a characteristic of the corporate form of organization? Unlimited liability of stockholders O Ability to acquire capital through the issuance of stock Separate legal existence. Transferable ownership rights Continuous life