Author Question: If a shareholder works for the business then he: a. will become a creditor of the corporation, but ... (Read 178 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?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library