Question
please answer all .,.,.the questionss.,.,.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the option is
please answer all .,.,.the questionss.,.,.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the option is correct and why other options sre incorrect give reasons for the same , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.
MAKE SURE THE REASON WHY THE OPTIONS ARE WRONG OR INCORRECT IS THOROUGHLY EXPLAINED, ELSE I WILL REPORT THE ANSWER.
if Which of the following business organization is legally considered a separate person and offers limited liability to its owners? A A sole proprietorship. B A sole proprietorship consists of husband and wife. {3 A general partnership. D A corporation. '2? What is the most likely result if a corporate promoter signs contracts in the name of the corporation. but the corporation was not legally formed at the time? A No one will be liable for the contracts. B The persons who signed stock subscription agreements with the corporation will be personally liable for the contracts. {3 Only the corporation will be liable for the contracts. D The promoter will be personally liable for the contracts. 33' Which of the following activities within a corporation can lead to the piercing of the corporate veil and holding the shareholders liable for the corporation's debts? A Ofcers of the corporation being involved in self dealing in violation oftheir fiduciary duties to the corporation. B Commingling of funds between the shareholders and the corporation. {3 Shareholders bringing a lawsuit in the name of the corporation for breaches of duciary duty on the part of the Board of Directors. D Having a Board of Directors meeting at times not permitted by the corporation bylaws. 4? Which of the following securities proyides an ownership interest in a corporation? A Common shares in the corporation. B A corporate debenture. C A corporate bond. D An unsecured loan to the corporation by a bank. 53' Which of the following is an accurate statement of corporate governance? A The corporation owes a fiduciary duty to the members ofthe Board of Directors. B One continues in business and the other is suspended. pending liquidation. [2 Both corporations continue to exist. but one may only act as a holding company. D Both corporations continue to exist and do businessStep by Step Solution
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