Question
In general, a corporation's _____, along with an application, must be filed with the appropriate state office, along with payment of a fee to create
- In general, a corporation's _____, along with an application, must be filed with the appropriate state office, along with payment of a fee to create an corporation.
A. certificate of credit
B. certificate of incorporation
C. articles of incorporation
D. documents of incorporation
E. proof of funding
2.A general partnership is:
A. an understanding between a supplier
B. an association pf two or more persons to carry on a business as owners for a profit
C. an association pf two or more companies that help each other with business, but do not share profits
D. None of the other choices are correct
E. a merger of two companies
3.Which of the following statements about a corporation is true?corporations are not entitled to constitutionally protected:
- privilege against self-incrimination
- none of the other choices are true
- free speech
- equal protection
- freedom from unreasonable searches and seizures
4. a corporation consist of:
- a board of directors
- office or managers
- shareholders and board of director
- shareholder and board of directors and office or managers
- shareholders
5. in a SURETYSHIP:
- a bank immediately accept the credit of its debtor
- the credit of the debtor is sufficient to secure a debt
- none of these
- the credit of a third party secures a debt
- a bank takes a property interest in the debitor real estate
6. to make a security interest subject to butter enforcement, the Creditor should make sure the interest is attached and perfected
true or false
7. sole proprietorship must register with their state government to be able to operate a business legally
true or false
8. if a customer does not pay a judgment entered against her by a court the party that won the Judgment May seek a writ of exoneration
true or false
9. Partners in a partnership so each other:
- a duty to contribute direct assets
- direct interest responsibility
- none of the other choices
- A fiduciary Duty
- a duty of ordinary care
10. a creditor is one who lends money to, or allows goods or services to be purchase on credit by, another party, the:
- Payee
- Debtee
- none of the other choices are correct
- Recipient
- Financier
11. which of the following are necessary for a security interest to attach:
- the customer must have legal, transferable rights in the collateral
- none of the other specific choices are correct
- the seller must provide value
- The security agreement must be signed by the customer
- All of the other specific choices are correct
12. the business organization that has at least one General partner and other investors who have limited liability is a:
- Proprietorship
- limited partnership
- limited liability company
- Corporation
- general partnership
13. the agreement providing Security in a real property is a(n):
- Guaranty
- Suretyship
- Mortgage
- Draft
- Easement
14.____ of the bankruptcy code means liquidation and fair distribution of The Debaters non-exempt at sets to the creditors
- chapter 13
- chapter 8
- chapter 12
- Chapter 5
- chapter 7
15. a general partnership in a business organization made up of four or more persons called limited partners
true or false
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