Question A _______________is a separate entity and in that capacity can borrow from banks, bondholders, preferred stockholders, and common shareholders. A. limited partnership B. sole proprietorship C. government organization D. public company
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Question
A _______________is a separate entity and in that capacity can borrow from banks, bondholders, preferred stockholders, and common shareholders.
A. limited
B. sole proprietorship
C. government organization
D. public company
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- Who is liable for a corporation's debts and obligations? OA. the limited partners OB. the general partners OC. the corporation OD. the registered agent OE. the shareholders________ is a separate entity and in that capacity can borrow from banks, bondholders, preferred stockholders, and common shareholders. A. limited partnership B. sole proprietorship C. government organization D. public companyWhich business entity could have common stock authorized? O A. a sole proprietorship O B. a partnership O C. a limited liability company O D. a corporation O E. All of the above could theoretically have common stock authorized.
- 2. Limited liability is an important feature of: A. CorporationsB. Both partnerships and corporationsC. Sole proprietorshipsD. Partnerships 4. The ultimate financial goal of a corporation is to: A. maximize the value of the corporation to the stockholders.B. increase size of the firm.C. minimize stockholder risk.D. maximize profit. 7. Shareholders of a corporation may be, among others, A. pension funds.B. individuals, pension funds, and insurance companies.C. individuals and pension funds.D. individuals.Q.Real estate ownership is often structured in a limited partnership or LLC legal form. The PRIMARY reason why these forms are preferred over a regular corporation is: a. Provides the participants easier way to borrow funds b. Allows owners the benefit of state laws versus federal laws c. To avoid double taxation d. Ability to limit liability1. What is a Statement of Changes in Equity? 2. What are the elements of an SCE? 3. Differentiate the SCE of a sole proprietorship, a partnership and a corporation.
- Describe the difference between a sole proprietorship, a partnership, and a corporation?Which business organization has the most legal formality requirements? a. Corporation b. Partnership c. Joint Ventures d. Sole proprietorshipWhich type of financial structure primarily involves one person owning a business? Group of answer choices Partnership Corporations Sole Proprietorship Limited Partnership
- Topic: Introduction to Corporation True or False1. A corporation can be a general partner in a partnership.2. The board of directors shall exercise the corporate powers of a corporation.3. A public corporation is one formed for the government of a portion of the state.4. All incorporators are subscribers, but a subscriber need not be an incorporator.5. A partnership can be a corporator in a corporation.6. A corporation can come into existence by mere agreement of the partnership as in the case ofpartnerships.7. A corporation can be held liable for personal indebtedness of a shareholder.8. Shareholders may be natural or juridical persons.9. The board of directors is responsible for the formulation and implementation of the overallpolicies for the corporation.10. Eleemosynary corporations are those organized for public charity.11. A corporation is an artificial being with personality separate and apart from its individualshareholders or members.12. A corporation has continuity of…The owners of a corporation are called O partners O bondholders government agents O shareholderspermitted Salalah Methanol Co. is a to engage in any lawful, for profit business or activity other than banking or insurance. Oa. Limited Liability Company O b. Corporation O c. Sole Proprietorship O d. Partnership