Author Question: Which of the following is nota characteristic of a corporation? a. Corporations are organized as a ... (Read 68 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
Which of the following is nota characteristic of a corporation?
 a. Corporations are organized as a separate legal taxable entity.
  b. Ownership is divided into shares of stock.
  c. Corporations experience an ease in obtaining large amounts of resources by issuing stock.
  d. A corporation's resources are limited to its individual owners' resources.

Question 2

Clark County was hired by Catlett City, the largest city in the county, to maintain some of its roads. Clark County billed Catlett City for its cost of maintaining the roads. The amount of the billing was 60,000 .
 
  Clark County should report the 60,000 as
  A. An other financing source.
  B. A revenue.
  C. A reduction of expenditures.
  D. A gain on work performed for other governments.



dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

d

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library