Author Question: If a shareholder works for the business then he: a. will become a creditor of the corporation, but ... (Read 166 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
If a shareholder works for the business then he:
 a. will become a creditor of the corporation, but will not enjoy the same rights of recovery against the corporation as any other creditor
  b. will not officially become a creditor of the corporation, but will enjoy the same rights of recovery against the corporation as any other creditor
  c. will be removed from the corporation
  d. will be forced to sell his shares in the company e. none of the other choices are correct

Question 2

The FTC deception policy is the same, in effect, as common law fraud.
 a. True
  b. False
  Indicate whether the statement is true or false



AaaA

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

e

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

For a complete list of videos, visit our video library