helppppmultipke choice

19. Which of the following is true of corporate by-laws? a. They only contain rules on how the corporation will deal with the government. 6.) They must be adopted by the shareholders of the corporation They are not binding on the directors or the shareholders of the corporation d. They do not have to be filed with any governmental official. 20. Defalcation is: a. Fraud b. Embezzlement C. Negligence d. None of the above 21. ABC Corp. combines with XYZ, Inc. and the resulting company is known as Danube Co. This type of transaction is known as a: a. Combination b. Monopoly C. Consolidation d. Merger 22. The cases assigned for reading in this class are generally: a. Massachusetts appellate decisions b. Federal appellate decisions C. Bankruptcy court decisions d. Administrative decisions 23. In a limited partnership, which partners invest capital, manage the business and are liable for partnership debts? a. Specific partners b. Limited partners c. Member-partners d. General partners 24. Acme Manufacturing is going out of business because it cannot repay its business loans. Predator, Inc. wants to purchase the assets of Acme. Under which of the following circumstances will Predator be deemed responsible to pay the liabilities of Acme? 19. Which of the following is true of corporate by-laws? a. They only contain rules on how the corporation will deal with the government. 6.) They must be adopted by the shareholders of the corporation They are not binding on the directors or the shareholders of the corporation d. They do not have to be filed with any governmental official. 20. Defalcation is: a. Fraud b. Embezzlement C. Negligence d. None of the above 21. ABC Corp. combines with XYZ, Inc. and the resulting company is known as Danube Co. This type of transaction is known as a: a. Combination b. Monopoly C. Consolidation d. Merger 22. The cases assigned for reading in this class are generally: a. Massachusetts appellate decisions b. Federal appellate decisions C. Bankruptcy court decisions d. Administrative decisions 23. In a limited partnership, which partners invest capital, manage the business and are liable for partnership debts? a. Specific partners b. Limited partners c. Member-partners d. General partners 24. Acme Manufacturing is going out of business because it cannot repay its business loans. Predator, Inc. wants to purchase the assets of Acme. Under which of the following circumstances will Predator be deemed responsible to pay the liabilities of Acme