Q: 46. Which of the following is not one of the advantages of organizing a business as a corporatiot a.…
A: Corporation: Corporation is an entity incorporated under the authorized corporate laws of a country…
Q: hich of the following BEST describes Publicly held corporations? A. They are non-profit…
A: Step 1 A public company is one whose stock is sold and owned by the general public rather than…
Q: Next to the following list of eight characteristics of business organizations, select a brief…
A: A corporation is a legal entity that is different from its owners and exists independently from…
Q: In the discussion of corporate social responsibility, stakeholders and stockholders refer to the…
A: A person who owns stock in a firm is the stockholder of the firm. A conventional business's key…
Q: How do corporations go public and continue to grow
A: Private corporations go public because due to increasing operations they need to fulfill liquidity…
Q: What does the law assume is the main Corporate Objective of any corporation? Group of answer…
A: Any corporation is formed which the objective of earning maximum profits for the owners of the…
Q: In the United States, there are three legal categories of firms: sole proprietorships, partnerships,…
A: Corporation can generate funds in a shorter period of time and in great abundance. Hence, option D…
Q: Owners of a corporation are called members. O True O False
A: The answer is false Refer step 2 for explanation
Q: hich of this statement shows the advantage to form a corporation? Select one: a. Owner
A: Explanation : In simple words, when a business entity is considered as a corporation, the general…
Q: Define corporation and explain the effects of the continuous inoperation of a corporation.
A: Corporation: A corporation is a legal entity that exists independently of its owners and has its own…
Q: Why should maximizing the wealth of our owners be your PRIMARY financial objective as a future Chief…
A: The answer for the question on PRIMARY financial objective of a publicly listed firm is discussed…
Q: Which of the following statements is false concerning forms of businessorganization? a. A…
A: There are four forms of business organization: Sole proprietorship Partnership firm Joint-stock…
Q: What is the reason for renewed interest in not-for-profits corporations?
A: Non-profit corporation owners do not make a profit. The money of a not-for-profit organisation is…
Q: What is a limited liability corporation? Discuss its advantagesand disadvantages. You can search the…
A: Like a corporation, a financial obligation company or "LLC," may be a separate and distinct legal…
Q: Identifying advantages and disadvantages of a corporation Following is a list of advantages and…
A: Corporation: The form of business entity ,which is incorporated by state law into a separate legal…
Q: How it's GAAP and IFRS is suitable for Corporate Entities ?
A: The primary difference between the two systems is that GAAP can be called rules-based whereas IFRS…
Q: Which of the following is a disadvantage of the corporate form of organization? difficulty in…
A: The corporate form of organization might pay corporate income taxes on their earnings which is…
Q: True or false, why. 1. Shareholders can transact business on behalf of the corporation.
A: Shareholders Shareholders is treated as the business owners of the entity which has the power of…
Q: Differentiate between closely held and publicly owned corporations.
A: Any business with only a small number of stockholders is a closely held business. Its stocks are…
Q: Why do you think a single WACC is not applicable to all businesses in a corporation?
A: The W.A.C.C. or weighted average cost of capital determines the required rate of return of common…
Q: Does the president of a firm have a right and obligation to use corporate profits for social…
A: APA means American Psychological Association Association.
Q: .Which of the following is NOT one of the basic shareholder's rights? Which of the following is NOT…
A: Shareholder means a person who holds the shares. When we divide company capital into small parts are…
Q: 1. Which one of the following statements concerning a sole proprietorship is correct? The…
A: Sole proprietorship is a form of business organisation, in which single person manages and invest…
Q: A director must be a shareholder in a corporation. True or False True False
A: Shareholders and directors are two very distinct roles within a limited company. In simple terms,…
Q: Select the best term for each definition below.
A: Shareholders’ equity: Shareholders’ equity refers to the right the owner possesses over the…
Q: 1. What is the most important difference between a corporation and all other organization forms?
A: There are various different organizational forms such as sole proprietorship, partnership, Hindu…
Q: Which of the following is an advantage of ownership of a corporation over that of a sole…
A: The corporation pays tax on the amount distributed as dividend and therefore it is tax exempt in the…
Q: In corporations the stockholders are equally liable for the debts of the firm. a. True b. False
A: As the corporation is a separate entity, it is liable for the its debt, shareholders are not…
Q: Which of the following is a characteristic of a corporation?a. No income taxb. Limited liability of…
A: Corporation: It can be defined as a legal organization or an entity that is completely different…
Q: Next to the following list of eight characteristics of business organizations, select a brief…
A: Business Organisation :— Business organisation Provides Goods & Services to their Customers as…
Q: Which characteristic of a corporation is a disadvantage? a. Mutual agency b. Double taxation c.…
A:
Q: Hana has prepared the following list of statements about corporations. Identify each statement as…
A: When the owner and business both are treated as different persons known as separate legal entity.
Q: Why are large corporations often said to be publicly owned?
A: A corporation is a legitimate substance that is isolated and unmistakable from its owners.…
Q: Which of the following is not an advantage of the corporate form of business? a. limited liability…
A: Corporate is a popular form of business for the large and small industry. These types of business…
Q: What should be the primary goal of a corporation?
A: Corporation: It refers to a large company considered as an individual entity and recognized in law.
Step by step
Solved in 2 steps
- Which of the following is not something that corporations can do with their profits? a. Pay income tax to the government b. They can do all of these. c. Pay them to shareholders d. Hold profits within the firmWhich of the following statements is true? A. the organizational form that is the easies to raise capital is the corporation B. corporations make up the largest proportion of businesses in the U.S C. sole proprietorships are protected by limited liability D. owners of corporations are not protected by limited liabilityOwners of a corporation are called members. O True O False
- Pass through. If the corporation is structured as an S corporation, profits and losses are well-versed to the shareholders, in order that the corporation doesn't pay financial gain taxes. Can you help me understand what that is, with details?Andrea has prepared the following list of statements about corporations.Identify each statement as true or false. 1. Corporation management is both an advantage and a disadvantage of a corporation compared to a proprietorship or a partnership. TrueFalse 2. Limited liability of stockholders, government regulations, and additional taxes are the major disadvantages of a corporation. TrueFalse 3. When a corporation is formed, organization costs are recorded as an asset. TrueFalse 4. Each share of common stock gives the stockholder the ownership rights to vote at stockholder meetings, share in corporate earnings, keep the same percentage ownership when new shares of stock are issued, and share in assets upon liquidation. TrueFalse 5. The number of issued shares is always greater than or equal to the number of authorized shares. TrueFalse 6. A journal entry is required for the authorization of capital stock. TrueFalse 7.…Khalid has come to you with statements about corporations. Identify each statement as true or false. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Corporation management is both an advantage and a disadvantage of a corporation compared to a proprietorship or a partnership. Limited liability of stockholders, government regulations, and additional taxes are the major disadvantages of a corporation. When a corporation is formed, organization costs are recorded as an asset. Each share of common stock gives the stockholder the ownership rights to vote at stockholder meetings, share in corporate earnings, keep the same percentage ownership when new shares of stock are issued, and share in assets upon liquidation. The number of issued shares is always greater than or equal to the number of authorized shares. A journal entry is required for the authorization of capital stock. Publicly held corporations usually issue stock directly to investors. The trading of capital stock on a securities exchange involves…
- Which of the following would be considered an advantage of a corporation? O Control of business decisions O Taxed on your personal income O Easy to start O Limited LiabilityWhy should maximizing the wealth of our owners be your PRIMARY financial objective as a future Chief Financial Officer of a publicly listed firm, but corporate social responsibility is considered secondary only?Task #1 - Corporation: 1. Define corporation 2. What do you mean by the term "corporation is an artificial being"? 3. Discuss the concept of "piercing of corporate veil". 4. What are the probative factors of identity which could justify the application of the doctrine of piercing the corporate veil? 5. Differentiate stock and non-stock corporation. 6. Differentiate de jure corporation and de facto corporation 7. Differentiate corporators and incorporators 8. Differentiate stockholders and members 9. Differentiate board of directors and board of trustees 10. Differentiate between common stock and preferred stock. 11. Differential par value shares and no par value shares. 12. Enumerate the limitation of no par value shares 13. Define the following a. share in escrow b. convertible share c. redeemable share d. founder's share e. promotional share f. treasury shares g. retained earnings h. watered stocks
- E11.2 (LO 1), C Khalid has come to you with statements about corporations. 1. Corporation management is both an advantage and a disadvantage of a corporation compared to a proprietorship or a partnership. 2. Limited liability of stockholders, government regulations, and additional taxes are the major disadvantages of a corporation. 3. When a corporation is formed, organization costs are recorded as an asset. 4. Each share of common stock gives the stockholder the ownership rights to vote at stockholder meetings, share in corporate earnings, keep the same percentage ownership when new shares of stock are issued, and share in assets upon liquidation. 5. The number of issued shares is always greater than or equal to the number of authorized shares. 6. A journal entry is required for the authorization of capital stock. 7. Publicly held corporations usually issue stock directly to investors. 8. The trading of capital stock on a securities exchange involves the transfer of already issued…Which of the following is a characteristic of a corporation?a. No income taxb. Limited liability of stockholdersc. Mutual agencyd. Both b and cWhy are large corporations often said to be publicly owned?