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no need explanation just answer asap Mail - Jungyeon Lee - Outlc x My Sprott Shaw - Sprott Sh x In Chapter 7 Study Questions
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Mail - Jungyeon Lee - Outlc x My Sprott Shaw - Sprott Sh x In Chapter 7 Study Questions X Homework Help - Q&A from X Homework Help - Q&A from X Dashboard x + X g2learning.sprottshaw.com/mod/quiz/attempt.php?attempt=791725&cmid=19652 M 4 M Gmail My Sprott Shaw | S.. |Mail - Jungyeon Le... Course Hero(quiz P My Letter - My Perf... ) Class AC 112 - Lars... @ Course Materials | P... O OLENS- Best Korea... M McGraw Hill Educate.. M SIMnet - Assignme.. Sprott Shaw College - G2 Learning Jungyeon Lee 12 6 Time left 1:59:56 34 5 Question 1 ABC Ltd. is a closely held corporation. Two of the shareholders serve as directors. As directors, they voted to issue themselves more shares to increase 9 10 11 12 Not yet their voting control of the corporation. Which of the following provisions would aid the other shareholders? answered 13 14 15 16 Marked out of 17 18 Select one: 1,00 O a. Dissent procedure Flag 19 20 question O b. Relief-from-oppression provisions O c. Pre-emptive right provisions Finish attempt ... O d. Derivative-action provisions O e. Indoor-management rule Question 2 Another term commonly used where a bond is involved is: Not yet answered Select one: Marked out of 1,00 O a. A personal property security Flag O b. A loan question O c. A share O d. A debenture O e. A negotiable instrument Question 3 In a franchise arrangement, one business enters into a contract with another to sell its products exclusively. Which of the following is true with respect Not yet to a franchise? answered Marked out of Select one: 1.00 O a. An advantage of a franchise arrangement is the equal bargaining position of the parties. Flag question O b. The franchisee and franchisor are in partnership together. O c. The franchisee provides the technical expertise to manage the franchise. O d. Examples of franchises in Canada include Tim Hortons, KFC, and Budget Car Rental. O e. The franchisor must comply with rules, standards, and specifications with respect to products and prices. Ko BABE 12'C OLDOBP 10:31 AM Partly sunny 2022-07-28Mail - Jungyeon Lee - Outlc x My Sprott Shaw - Sprott Sh x In Chapter 7 Study Questions X Homework Help - Q&A from X Homework Help - Q&A from X Dashboard x + X A g2learning.sprottshaw.com/mod/quiz/attempt.php?attempt=791725&cmid=19652 M 4 M Gmail My Sprott Shaw | S... | Mail - Jungyeon Le... Course Hero(quiz P My Letter - My Perf.. . Class AC 112 - Lars... Course Materials | P... O OLENS- Best Korea... M McGraw Hill Educate.. M SIMnet - Assignme. Sprott Shaw College - G2 Learning A Jungyeon Lee U e. Ine franchisor must comply with rules, standards, and specifications with respect to products and prices. Time left 1:59:52 Question 4 In which of the following relationships is a fiduciary duty owed? Not yet answered Select one: Marked out of O a. The director of a corporation to the corporation 1,00 O b. The officers of a corporation to the shareholders Flag question O c. A principal to his agent O d. The director of a corporation to the shareholders O e. An employer to his or her employees Question 5 Jed Wimsey, after auditing the books of various businesses around town, was talking to you, his best friend, about certain practices that he thought Not yet were improper. Which of the following practices mentioned by Jed would be a breach of fiduciary duty? answered Marked out of Select one: 1.00 O a. A partner of a firm that sold hospital supplies had, without the knowledge or consent of his partners, started a competing business that he P Flag ran from his own home. question O b. A director of a corporation profited $25 000 from a contract between the corporation and sellers of some property in which the director had an interest, after the director made full disclosure of his interest to the board of directors and abstained from the vote. O c. A shareholder belongs to a group that directly opposes the policy of the corporation with regard to its logging and mining operations. O d. The directors failed to declare a dividend for the fourth year in a row. O e. An officer of a corporation took advantage of an opportunity he learned about as an officer of the corporation, but took steps to determine that the corporation was not interested in it and received permission to do so from the board of directors. Next page Case Study 5 Upload portal Jump to.. Chapter 8 PowerPoint updated Ko B Ana 12 "C 10:31 AM Partly sunny 2022-07-28Mail - Jungyeon Lee - Outlc x My Sprott Shaw - Sprott Sh x In Chapter 7 Study Questions X Homework Help - Q&A from x Homework Help - Q&A from X Dashboard * + X A g2learning.sprottshaw.com/mod/quiz/attempt.php?attempt=791725&cmid=19652&page=1 M 4 M Gmail @ My Sprott Shaw | S... |Mail - Jungyeon Le... Course Hero(quiz P My Letter - My Perf.. . Class AC 112 - Lars... @ Course Materials | P... O OLENS- Best Korea... M McGraw Hill Educate.. M SIMnet - Assignme.. Sprott Shaw College - G2 Learning Jungyeon Lee Time left 1:59:47 5 6 Question 6 Joe Smith owns a bookstore as a sole proprietor. He is also a partner in a hotel, which borrowed $100 000 from the bank. Which of the following 10 11 12 Not yet statements is true? answered Marked out of 13 15 16 18 Select one: 1,00 O a. The bookstore's assets will only be available to the bank if the bookstore is operated by Smith in conjunction with the hotel. Flag 19 20 question O b. The bank can look to the assets of the bookstore to pay off the debt. O c. Although the bank can go after Smith's personal assets, it cannot go after the assets of the bookstore because the bookstore is a separate Finish attempt ... legal entity from Smith. O d. The bank can only go after the assets of the bookstore if Smith is the actual person who negotiated the loan with the bank. O e. Because of the concept of limited liability, Smith can lose only what he has invested in the hotel. Question 7 Three classmates incorporated about a week after graduation. The authorized capital was 500 000 common no-par-value shares. Each classmate took Not yet one share, and each was a director. If the directors decide to issue more shares from the treasury to raise more capital, which of the following answered provisions ensures that they keep their proportionate holdings? Marked out of 1.00 Select one: Flag O a. Indoor-management rule question O b. Pre-emptive right provision O c. Dissent procedure O d. Relief-from-oppression provision O e. Derivative-action provision Question 8 Which of the following is a violation of the fiduciary duty of a partner? Not yet answered Select one: Marked out of O a. Where one partner starts another business, without the consent of the other partners, that is the same as or in competition with the 1.00 partnership business Flag question O b. Where a partner uses the partnership property for partnership business O c. Where one partner carries on a business unrelated to the partnership with the permission of the partners 12'C Partly sunny OLDOBP 10:31 AM 2022-07-28 3Mail - Jungyeon Lee - Outlc x My Sprott Shaw - Sprott Sh x In Chapter 7 Study Questions X Homework Help - Q&A from X Homework Help - Q&A fro X Dashboard * + X A g2learning.sprottshaw.com/mod/quiz/attempt.php?attempt=791725&cmid=19652&page=1 M 4 M Gmail My Sprott Shaw | S... | Mail - Jungyeon Le... Course Hero(quiz P My Letter - My Perf... . Class AC 112 - Lars... . @ Course Materials | P... O OLENS- Best Korea... M McGraw Hill Educate.. M SIMnet - Assignme. Sprott Shaw College - G2 Learning Jungyeon Lee Time left 1:59:42 Question 8 Which of the following is a violation of the fiduciary duty of a partner? Not yet answered Select one: Marked out of O a. Where one partner starts another business, without the consent of the other partners, that is the same as or in competition with the 1.00 partnership business Flag question O b. Where a partner uses the partnership property for partnership business O c. Where one partner carries on a business unrelated to the partnership with the permission of the partners O d. Where one partner uses information that he has gained from the partnership for the advantage of the partnership O e. Where one partner learns of an investment opportunity in the field of the partnership and tells the partners. The partners decline on the opportunity, so he takes advantage of it himself. Question 9 Which of the following is considered to be a separate legal person in law? Not yet answered Select one: Marked out of O a. An agency 1.00 O b. A sole proprietorship Flag question O c. A corporation O d. A partnership O e. A professional practice Question 10 Which of the following is correct with respect to sole proprietorships? Not yet answered Select one: Marked out of 1.00 O a. The sole proprietor has unlimited liability. O b. A sole proprietorship must be incorporated. Flag question O c. A sole proprietorship exists where two or more people carry on business together with a view toward profits. O d. The sole proprietorship is a separate legal entity. O e. The sole proprietor has limited liability. Ko B An : 12'C Partly sunny OLDOBRO V W 10:31 AM 2022-07-28Step by Step Solution
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