1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Romashka-Z-Leto [24]
4 years ago
12

ammi purchases stock in Vivaldi Corporation. Vivaldi Corporation later encounters legal issues and faces significant legal claim

s. As a shareholder, Tammi's liability is: a. just like that of partners. b. limited to a maximum of $50,000. c. unlimited. d. limited to her investment in the stock.
Business
2 answers:
Olenka [21]4 years ago
8 0

Answer:

d. Limited to her investment in stock

Explanation:

The Liability for Tammi here will be limited as per the amount of investment made by tammi in the stock of that corporation.

The real problem of legal issues will be faced by the partners who have unlimited liability towards the corporation.

Hence this justifies my answer that the shareholder is only liable to the amount of money that is invested by him/her in that particular stock.

Hope this clear things up. Thank you and good luck.

olga55 [171]4 years ago
6 0

Answer:

Tammi's liability is d. limited to her investment in the stock.

Explanation:

Since Tammi has purchased a stock in a corporation, one of the fundamental property of a corporate is that the stock-holders of the corporation have a limited liability meaning shareholders are only legally responsible for the debts of a company only to the extent of their investment in the company.

So Tammi's liability is limited to her investment in the stock of Vivaldi Corporation.

You might be interested in
Concentration ratios measure the Group of answer choices geographic location of the largest corporations in each industry. degre
nika2105 [10]

Answer:

percentage of total industry sales accounted for by the largest firms in the industry.

Explanation:

The concentration ratio calculated the market share percentage for an industry and the same is held by the larger firms inside the industry. Also it determined the total output that could be generated from the number of firms in the industry

Therefore as per the given options, the above options should be considered correct

3 0
3 years ago
How are u supposed to answer another persons question
Kay [80]

Answer:

You just press answer and click on the question. You have to be fast though because there is a 2 person maximum to answer a question.

6 0
3 years ago
Read 2 more answers
Legacy issues $570,000 of 8.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31
Doss [256]

Answer:

journal entry  based on straight line method are given below

Explanation:

given data

issues = $570,000

rate = 8.5 %

time = 4 year

issued = $508,050

market rate = 12%

to find out

prepare journal entry

solution

journal entry  based on straight line method

date                    general journal                              Debit             Credit  

June 30               bond interest expenses                $31969  

                            Discount on Bonds payable                                $7744

                             = (570000-508050 ) ÷ 8

                              Cash = 570000 × 8.5% ÷ 2                                $24225

December 31       Bond interest expense                  $31969  

                            Discount on Bonds payable                                $7744

                             = (570000-508050 ) ÷ 8

                              Cash = 570000 × 8.5% ÷ 2                                $24225

5 0
3 years ago
Dawn Swift discovered that 20 years​ ago, the average tuition for one year at an Ivy League school was​ $15,000. Today, the aver
KATRIN_1 [288]

Answer:

C. 7.18%

Explanation:

Formula for calculating growth rate

= (Current amount/initial amount) ^ 1/n - 1

Given that

Initial amount = 15000

Current amount = 60000

n = 20

Therefore,

Growth rate = (60000/15000)^1/20 - 1

= (4)^1/20 - 1

= 1.07177 - 1

= 0.07177

To percentage we multiply by 100

So,

= 0.07177 × 100

= 7.177%

Approximately

= 7.18%

7 0
4 years ago
When preparing a bank reconciliation, outstanding checks are _____. deducted from the bank balance added to the bank balance ded
Elenna [48]

When preparing a bank reconciliation, outstanding checks are

deducted from the bank balance.

<h3>What are outstanding checks examples?</h3>

A check becomes outstanding when the payee doesn't cash or deposit the check. This means it doesn't clear the payor's bank account and doesn't appear on the statement at the end of the month. It is a check that has been written, but it hasn't been cashed-deposited by the bank or otherwise cleared the bank. An outstanding check can be a personal or a business check.

An outstanding check is a check payment that has been recorded by the issuing entity, but which has not yet cleared its bank account as a deduction from its cash balance.

To learn more about outstanding checks visit the link

brainly.com/question/1442615

#SPJ4

7 0
2 years ago
Other questions:
  • Issa water makes up roughly what percentage of your total bodyweight? 35% 25% 60% 70%
    6·1 answer
  • How is dragonwave, inc revenues by product categroy?
    9·1 answer
  • How do entrepreneurs contribute to the nation socially
    6·1 answer
  • What is FAFSA? Who is eligible?
    6·1 answer
  • A company releases a​ five-year bond with a face value of​ $1,000 and coupons paid semiannually. If market interest rates imply
    15·1 answer
  • As a production manager, George is accountable for resource budgets that are highly sensitive to overtime pay rates. As a sales
    9·2 answers
  • If the variable costs of producing two books are $100, what is the marginal cost of producing one more book?
    8·1 answer
  • Special Forces is a unique division of the U.S. military. These highly trained individuals work in teams and often plan their ow
    5·1 answer
  • Nuno owns a recording studio with high-quality equipment. He allows artists to schedule sessions based on their flexibility, and
    5·1 answer
  • Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2019, their AGI before any
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!