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Author Question: Which of the following is true about a corporation? A) Corporations must have a minimum of two or ... (Read 89 times)

Shelles

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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



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izzat

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Answer to Question 1

D

Answer to Question 2

False




Shelles

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Reply 2 on: Jul 5, 2018
Excellent


billybob123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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