QUESTION 1 A corporation that meets specific conditions and that is taxed like a partnership is a(n): nonprofit corporation. closely held corporation. subchapter S corporation. professional co

QUESTION 1A corporation that meets specific conditions and that is taxed like a partnership is a(n):nonprofit corporation.closely held corporation.subchapter S corporation.professional corporation.QUESTION 2Shares of stock in a corporation that is issued to a shareholder for less than the market value of the stock is:watered stock.par-value stock.a stock warrant.QUESTION 3If a shareholder sells his or her stock in a corporation, what is the effect of that sale on the corporation?The corporation has to be reorganized to include the new shareholders.There is no effect on the corporation.The existence of the corporation ends, and a new corporation must be created.The sale is not effective to transfer the stock to the other party to the sale.QUESTION 4Shareholders in a corporation elect __________ who are responsible for the overall management of the corporation.officerspromotersdirectorsincorporatorsQUESTION 5If an employee of a corporation, while carrying out the duties of their job, does something that causes injury or damage to a third party, the corporation will be liable for those injuries or damage under the doctrine of:unlimited liability.centralized management.respondeat superior.ultra vires.QUESTION 6Dividends paid to shareholders by corporations are paid from profits of the corporation after the corporation has paid income taxes on those profits. When a shareholder receives a dividend, that dividend is taxable income to that shareholder. These income tax consequences are known as:dividend taxation.corporate taxation.double taxation.retained earnings taxation.QUESTION 7Can a corporation that is incorporated in one state do business in other states?No, a corporation can only do business in the state where it is incorporated.Yes, a corporation can do business in states where it is not incorporated by obtaining a certificate of authority in states where it is not incorporated.Yes, a corporation can do business in a state where it is not incorporated, but it must re-incorporate in states where it was not originally incorporated.Yes, a corporation can do business in a state where it is not incorporated, but it must use another name in a state where it is not incorporated.QUESTION 8A bond is:an ownership interest in a corporation that gives the owner preferences with respect to the assets of the corporations and dividends paid by the corporation.a debt instrument that allows the holder to convert the debt into a number of shares in the corporation having a value equal to the amount of the bond.a debt instrument that requires the corporation to pay the holder a stated amount of interest for a stated period of time and then to pay the holder the amount of the ownership interest in the corporation that allows the holder to vote in corporate elections.QUESTION 9__________ represent ownership interests in a corporation.Debt securitiesEquity securitiesSubscription agreementsTender offersQUESTION 10With respect to the formation of a corporation, a subscriber is:a person who has purchased stock in a newly formed corporation.a person who has offered to purchase a specific number of shares in a corporation that is to be formed.a person who has expressed an interest in purchasing stock in a corporation that is to be formed but who has not committed to the number of shares to be purchased.a person who begins the process of forming a new corporation.QUESTION 11What is the difference between a de jure corporation and a de facto corporation, and what is necessary to form each? Your response must be at least 75 words in length. Must also include one cite and one reference.QUESTION 12One of the negative aspects of the corporate form of doing business is double taxation, which occurs when a corporation pays dividends to shareholders from profits that have already been taxed and the dividends, when received by shareholders, are taxed again. How does the use of a subchapter S corporation address the issue of double taxation?Your response must be at least 75 words in length. Must also include one cite and one reference.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages

Order your paper today and save 15% with the discount code HAPPY

error: Content is protected !!
Open chat
You can contact our live agent via WhatsApp! Via + 1 323 412 5597

Feel free to ask questions, clarifications, or discounts available when placing an order.