how does a person cease to be a member of a company?

Identify 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.

Suppose you are relatively wealthy and are looking for a potential investment. You do not plan to be active in the business. Would you be more interested in investing in a partnership or in a corporation? Why or why not?

One of the cofounders of Project Repat is no longer with the company, although he retains a small ownership stake. What complications might this change have  caused if Project Repat was set up as a partnership rather than a corporation?

Which of the following factors contributes to an investor having significant influence over an investee?   Question 2 options:   a)  Insignificant transactions occur between the investor and the investee.   b)  The investor owns more than 50% of the common shares outstanding of the investee.   c)  There is an interchange of managerial personnel between the investor and investee.   d)  The investor is not represented on the board of the investee.