Question
28.Schedule III banks; A. They are incorporated and operate as federally foreign institutions and are authorized to do banking in Canada B. They have been
28.Schedule III banks;
A. They are incorporated and operate as federally foreign institutions and are authorized to do banking in Canada
B. They have been registered as Charter banks
C. They are federally regulated foreign bank branches of foreign institutions and are authorized to do banking in Canada
D. They are incorporated and operate as federally foreign bank subsidiaries
29.Companies can have different legal structures in Canada, what would be the type of legal structure that permits partners to make decisions on the day-to-day operations of the business?
A. Corporation
B. Federal or Provincial Incorporation
C. Partnership
D. Sole proprietor
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started