Which of the following is not a characteristic of a close corporation?   Question 28 options:   its shares are not traded publicly   its shares must be held by a single shareholder   its shares generally have transfer restrictions   it cannot be a Subchapter S corporation

Q: Which of the following assets are called as foundation of a business? a. Working capital b. Fixed…

A: Working capital refers to the capital required in the business for carrying out the day-to-day…

Q: 115) The owners of a publicly traded company are: a) Members of the board of directors b) Bond…

A: A corporation that has listed itself on at least one public stock exchange and offered securities to…

Q: 18 - Acquisition of another company against the wishes of management a) None of the above b)…

A: In the business environment where there are many organizations, many times the financial condition…

Q: Divestment is….  A synonym for investment Brading out into new markets Something that only happens…

A: Divestment can be defined as the process of selling assets, investments, or subsidiary assets or…

Q: 1. The reasons for involving more than one person in ownership or operation of a business entity do…

A: Business law is the law, rules, regulation and principles which pertain to a business and commercial…

Q: artnership are legal documents that set forth the basic agreement between partners?

A: A Partnership Agreement is a written document between two or more individuals who join to establish…

Q: When the following is classified as nonmonetary? a. Allowance for doubtful accounts b. Accumulated…

A: A nonmonetary asset refers to an asset that a company holds that does not include cash-related…

Q: A company repurchased 10,000 of its outstanding 5 ordinary shares with par value 2$ for 6$ in /2024,…

A: To get the answer, lets journalize first the transactions made:DateAccount TitlesDebitCreditJan. 5,…

Q: What is the procedure for incorporation of a company?

A: A company generally comes into existence through the process of incorporation. After incoporation…

Q: Mergers and Acquisition can take place through the following ways except a. Purchasing assets O b.…

A: Acquisition- The acquisition is a corporate strategy in which, one firm acquires the other firm to…

Q: SLO-2.1. Which one of the following is a disadvantage of the corporate form of ownership? Odouble…

A: A corporation can be defined as a legal entity which is separate and distinct from its shareholders…

Q: The board of directors is directly responsible to the stockholders.; True or False

A: The board of directors is a governing body and executive committee that supervises and manages the…

Q: June 7 Issued 4,000 shares of $3 par value common stock for cash of $12 per share Aug. 16 Issued…

A: June 7 Cash…

Q: 9. Corporations can pay lower taxes than partnerships. O True O False

A: А  соrроrаtiоn  is  аn  оrgаnizаtiоn—usuаlly  а  grоuр  оf  рeорle  оr  а  соmраny—аuthоrized  by…

Q: 16.) Insurers may be insured by: A. reinsurers B. Risk retention groups

A: The question is asking about the entities that can provide insurance to insurance companies…

Q: ._______ A person who invests only money in a partnership

A: A partnership is a business relationship formed by two or more people (Trade, occupation and…

Q: ownership of a corporation the easiest to transfe

A: Transferring ownership of a corporation is easy, the shareholders simply sell their stock yo other.

Q: 39. each person insured under a group life insurance is a a. shareholder b. beneficiary c.…

A: The question is asking to identify the correct term for a person who is insured under a group life…

Q: S corporations O are not allowed in many states O are taxed like sole proprietorships and…

A: The correct option is bare taxed like sole proprietorships and partnerships

Q: You have successfully completed your undergraduate degree and have taken a part-time position as a…

A: It is crucial to comprehend the function and privileges of shareholders. As proprietors of a…

Q: A statement which is a very short expression consisting of a few words which summarizes what the…

A: Management is a dynamic and essential discipline that plays a crucial role in the success and…

Q: You have received the following email from a new client who having recently been made redundant has…

A: Dear Client  Lots of Good Wishes for this new success in life. I have gone through your requirement…

Q: Jeremy is considering a corporate recapitalization as a gifting technique and has come to his…

A: Corporate recapitalization is a financial strategy used by businesses to restructure their financial…

Q: Who is considered to be owner of the company? a. None b. Preference share holders c. Debenture…

A: Only one person can't stand a company. It requires so much effort, the capital. So, many people…

Q: Shareholders include competitors ,interest , group, governments ,etc. :Select one True False

A: Shareholders are the members of a company or corporation that owns some share in the company. Since…

Q: How does a regular (C)corporation differ from a not-forprofit corporation?

A: Business can be described as an activity of trade which involves the activity of sale and purchase…

Q: You have incorporated a business which a pack of Tommies now seeks to take over. You oppose this and…

A: IN THE ABOVE CASE,THE TOMMIES SEEKS TO TAKE OVER BUSINESS WHICH IS ALREADY AT THE PEAK STAGE

Q: Which one of the following statements is FALSE? OA) Interest is tax deductible while the dividend is…

A: Every company must hold in every year in addition to any other meeting, a general meeting of its…

Q: Explain the following terms related to “mergers, acquisitions and divestitures” topic; -…

A: A business deals with a lot of activities to survive in the market. Corporate restructuring contains…

Q: Securities sold by companies in an IPO are shares in companies that were already public but are…

A: The answer is False. In an IPO the share were not public and would be issued now.

Q: 19. Which of the following forms of capital provides market discipline for the firm? O a. Preferred…

A: Answer- (B) Subordinated Debentures Subordinated Debentures is  forms of capital provides market…

Q: Which of the following is correct? a. LLC can be formed by one member. b. LLC offers just one type…

A: LLC: Limited liability company works and protects the assets of the business from legal actions.LLC…

Q: Which of the following is true regarding the financing lifecycle?A)Mergers & Acquisitions primarily…

A: Navigating the financial landscape is a critical aspect of managing and growing a business. The…

Q: The combining of two or more companies, generally by offering the stockholders of one company…

A: Answer-Merger   A merger refers to an agreement. It is a mutually binding contract in which two…

Q: Q3. Discuss the occasions and objects of the following meeting of a joint stock company. (20) marks…

A: A joint-stock company is a business owned by the investors owning a share as per the amount of…

Q: 3 reasons for a company to acquire another company

A: There are number of possible reasons which might motivate a company to acquire or merge with another…

Q: _______ The result of dividing current assets by current liabilities.

A: The balance sheet is divided into two parts: the assets and the liabilities. Assets are objects…

Q: A firm has paid $4 per-share dividend today which is expected to steadily decline 10% per year in…

A: To calculate the price of the firm's common shares, we can use the dividend discount model.…

Q: rporations, and Unlimited Liability Companies   B. Limited Partnership, S Corporations, and Limited…

A: A hybrid organisation combines components, value systems, and action logics (such as generating…