FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
M1).
Go to the Discussion Board forum "Corporate Freedom of Speech and Religion" and discuss the following issues:
- Do you agree with the Court's decision that corporations are entitled to the same degree of freedom of speech and religion as individuals? Why or why not.
- What impact do you think this will have on elections, on community issues, or how you receive the news?
- Does the possible unlimited amount of money that corporations might be able to spend in support or opposition to a candidate or cause give you any concern? Why or why not?
- Do you think this will impact where employee work? Is that fair?
6. Reply to at least two of your classmates using the discussion grading criteria
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- Due to recent beef recalls southwest steakhouse is considering incorporating. Bob the owner wants to protect his personal assets in the event the restaurant is sued. SEE THE QUESTIONS ATTACHED BELOW.arrow_forwardIdentify which of the following statements are true for the corporate form of organization. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) ? Corporate income that is distributed to shareholders is usually taxed twice. ? Corporations are often subject to fewer regulations than partnerships. ? The sale of shares from one stockholder to another does not impact operations. An exception is when it changes the makeup of directors. ? It has many of the same rights as an individual. ? It does not end with the death of an owner. ?Stockholders are expected to hire and fire key executives. ? The president and vice presidents choose the board of directors.arrow_forwardWhich of the following requires periodic shareholder approval of executive compensation? Multiple Choice The Smoot-Hawley Act The Sarbanes-Oxley Act The Dodd-Frank Wall Street Reform and Consumer Protection Act The Bankruptcy Abuse Prevention and Consumer Protection Actarrow_forward
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