Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Law & Ethics Expert

problem 1: In this type of partnership, individual partners are not personally liable for professional negligence of their partners:

a. General partnership
b. Limited partnership
c. Limited liability partnership
d. All of the above

problem 2: Which of these is false about shareholders of a corporation?

a. They have limited liability that is limited to their investment.
b. They elect a board of directors.
c. They pay tax on their proportionate share of the corporation’s earnings.
d. All of the above are true about shareholders.
 
problem 3: Which of the following generally have the authority to bind a corporation in contractual relations?

a. Shareholders and the board of directors they elect.
b. The board of directors and the managers they appoint.
c. Duly appointed officers, employees, or agents.
d. All of the above.
 
problem 4: In most jurisdictions, including Ontario, these types of corporations may restrict the transfer of shares:

a. Private 
b. Public 
c. Widely-held 
d. Closely-held
 
problem 5: Dividends are:

a. Established in the incorporation certificate and represent capital repayments tax-deductible by the corporation.
b. Declared by management and represent interest owed on shares.
c. Declared by the directors and represent capital repayments not tax-deductible by the corporation.
d. Declared by the directors and represent capital repayments owed on shares.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M97145

Have any Question? 


Related Questions in Business Law & Ethics

The sarbanes-oxley act of 2002 soxthe sarbanes-oxley act of

The Sarbanes-Oxley Act of 2002 (SOX) The Sarbanes-Oxley Act of 2002 (SOX) was passed as the result of the Enron scandal and other instances of accounting fraud. This act was passed to strengthen the role of the Securitie ...

Investigating computer crimesdiscusses computer crimes and

Investigating Computer Crimes Discusses computer crimes and the challenges they present to investigators. Provide a couple of examples of computer crimes and explain how they differ from traditional crimes. Describe the ...

Write a 700- to 1050-word paper on criminal justice

Write a 700- to 1,050-word paper on criminal justice organizational trends. Include the following information: Compare the use of privatization, e-corporation, and militarization of criminal justice organizations with cu ...

Typologies of crimediscusses several violent crimes and

Typologies of Crime Discusses several violent crimes and crime typologies related to them. Considering what you have learned here, and drawing on information learned in previous chapters, such as Chapter 4 which discusse ...

1 according to the principle of informed consent what must

1. According to the principle of informed consent, what must participants be told before soliciting their agreement to participate in a study? 2. What must be done if a research participant is unable to give valid inform ...

1 in no more than two 2 pages and citing materials we

1. In no more than two (2) pages and citing materials we covered this semester, discuss the constitutional protections for freedom of expression developed within the defamation regimes in the United States and England wi ...

Assignment1warranty review assignment find a warranty

Assignment 1. Warranty Review Assignment. Find a "warranty" pertaining to the sale of goods. Normally, these are included in the boxes containing electronic devices, home appliances, and electrical tools. You can also fi ...

The purpose of the final paper is to analyze and explain

The purpose of the Final Paper is to analyze and explain the similarities and differences between traditional policing and COPPS as well as infer the future of police leadership. Within the scope of the paper the student ...

Ethics paper -before writing your position statement on

Ethics Paper - Before writing your position statement on Philosophical and Practical Approach for Balancing Issues. Then, research at least three (3) peer-reviewed articles about individual rights, morality, ethics, indi ...

Please visit the us small business administrations website

Please visit the U.S. Small Business Administration's website here -  SBA , find the information about franchising and answer the following questions: https://www.sba.gov/ 1) List the two primary forms of business franch ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro