Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 29, 2024

Please help with this multiple choice question please :) What is NOT true about a characteristic of a corporation? Corporations are a separate legal entity

Please help with this multiple choice question please :)

What is NOT true about a characteristic of a corporation? Corporations are a separate legal entity Corporations have double taxation with dividends Corporations have an indefinite life assuming they are a going concern Stockholders are personally liable for all of the debt of a corporation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions

Question

Reiss et al. (A-3) compared point-of-care and standard hospital laboratory assays for monitoring patients receiving a single anticoagulant or a regimen consisting of a combination of anticoagulants....

Answered: 1 week ago

Question

★★★★★

Cooper Manufacturing, Inc., of Dallas, Texas, has a contract with the U.S. Air Force to produce a part for a new fighter plane being manufactured. The part is a bolt that has specifications requiring...

Answered: 1 week ago

Question

★★★★★

Is the affordable act of 2 0 1 0 being veiwed as friend or foe tax exempt hospitals and why?

Answered: 1 week ago

Question

★★★★★

In May 3 business is started by receiving $5,000 cash from the owner. Please provide the journal entry (debits first, credits second.) Short Answer: 1. In May 3 business is started by receiving...

Answered: 1 week ago

Question

★★★★★

What is the meaning and definition of E-Business?

Answered: 1 week ago

Question

★★★★★

Ajith Co. reported $850,000 in Sales, $ 246000 in Cost of Goods Sold, and Net Income of $150,000. What were ajith Co.s Operating Expenses? A. $345000 B. $454000 C.$654000 D.$246000

Answered: 1 week ago

Question

★★★★★

1.When was the Declaration of Independence signed? 2. The United States bought Alaska from which country? 3.Who was the fourth president of the United States? 4.In what year was the Vietnam Veterans...

Answered: 1 week ago

Question

★★★★★

Why don't we use y (gama) rays to study the interior of the objects, instead of using x-rays? Because similar to x-rays, y-rays are also not deflected by the electric and magnetic fields and also...

Answered: 1 week ago

Question

★★★★★

Can external sound vibrations be manipulated to induce sensations within the body?

Answered: 1 week ago

Previous Question Next Question