This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is true about a corporation? A) Corporations must have a minimum of two or ... (Read 85 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
Which of the following is true about a corporation?
 
  A) Corporations must have a minimum of two or more shareholders.
  B) Each individual shareholder has individual legal responsibility for the corporation's actions.
  C) Corporations are exempt from taxes; however, the shareholders are required to pay taxes on dividends received.
  D) Managers of corporations can be held responsible for the actions of the corporation.

Question 2

If the ownership of merchandise passes to the buyer when the seller delivers the merchandise for shipment, the terms are stated as FOB destination.
 a. True
  b. False
 
   Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

izzat

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

D

Answer to Question 2

False




Shelles

  • Member
  • Posts: 582
Reply 2 on: Jul 5, 2018
Gracias!


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library