« previous next »

Author Question: If a shareholder works for the business then he: a. will become a creditor of the corporation, but ... (Read 163 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
Answer to Question 1

e

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

The nuse works within the cultural mores of American families. The nuse works within the cultural mores of American families.
Apple Corporation, Macintosh computer, Cupertino, California. Apple Corporation, Macintosh computer, Cupertino, California.
The fact that a mother works outside the home has no negative effect on the well-being of her child ... The fact that a mother works outside the home has no negative effect on the well-being of her child ...
International Business: The Challenges of Globalization, 8th Edition International Business: The Challenges of Globalization, 8th Edition
This is how a bullet works "anatomy of a bullet" This is how a bullet works "anatomy of a bullet"
Business Vector Icon Business Vector Icon
Video: Rods and Cones Animation

For a complete list of videos, visit our video library