This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is true about a corporation? A) Corporations must have a minimum of two or ... (Read 86 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jul 5, 2018
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
Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

False


Shelles

  • Member
  • Posts: 582
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

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?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

True Friendship True Friendship
Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
How wide must a narrow slit be if the first diffraction minimum occurs at 12 with laser light ... How wide must a narrow slit be if the first diffraction minimum occurs at 12 with laser light ...
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
The following information relates to the Cutting Department of Kittina Corporation for the ... The following information relates to the Cutting Department of Kittina Corporation for the ...
Video: Introduction to Insulin

For a complete list of videos, visit our video library