A corporation has perpetual life, until one of its shareholder dies.
a. True
b. False
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A corporation has perpetual life, until one of its shareholder dies. a. True b. False ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Wilma has a $57,500 certificate of deposit (CD) at the local bank. The interest on this certificate, $1,150, was credited to her account this year but she must pay an early withdrawal penalty if she cashes in the CD before next year.
Answers (1)
Laurie owns a 2014 Honda Accord, which is the third Honda vehicle that she and her husband have owned. They describe themselves as a "Honda family" and intend to purchase another Honda automobile when their daughter gets her driver's license.
Answers (1)
Nathaniel and Hosea have both invested $25,000 in businesses. Now they both want to sell out and recoup their money.
Answers (1)
Indigo, Inc., a calendar year S corporation, has no AEP. During the year, Amir, an individual shareholder of the corporation, receives a cash distribution of $18,500 from Indigo. Amir's basis in his stock is $15,000. In this case:
Answers (2)
When considering emergent strategies, it is important for a firm's managers to a. evaluate each one carefully, using only those that show the most promise. b. ignore strategies that are not the result of a formal planning process. c.
Answers (2)
New Questions in Business
If the rate of inflation is higher than your interest rate on your savings account are you gaining buying power
Answers (1)
List and explain the four factors of production, stating their reward.
Answers (1)
Ivanhoe Company acquired 30% of the outstanding common stock of Grindelwald Inc. on January 1, 2022, by paying $1,170,000 for 39,000 shares. Grindelwald declared and paid a $1 per share cash dividend on June 30 and again on December 31, 2022.
Answers (1)
Revenues for United Parcel Service (UPS) come from the following business segments: 61 percent from U. S. package delivery operations, 22 percent from international package delivery, and 17 percent from non-packaging operations.
Answers (1)
plans to retain and reinvest all of its earnings for the next 30 years. beiginning in year 31, the firm will begin to pay $12 per share dividend. the dividend will increase at a 6% rate annually thereafter.
Answers (1)