Answer: The statements
A. A corporation bears the burden of proving that its earnings are not being accumulated to avoid income taxes.
B. To avoid the accumulated earnings tax, a corporation needs to have a definite plan for expending the accumulated earnings.
C. In practice, the accumulated earnings tax applies only to closely held corporations.
<u>Are TRUE.</u>
Explanation: To avoid paying the tax on accumulated profits, the company has the obligation to show that it does not accumulate profits, in case of not being able to prove it, it must pay tax.
It is optimal for companies to have a defined plan to spend the accumulated profits on profitable projects and not waste the profits just to avoid paying tax.
Answer:
D. All of these are true.
Explanation:
A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.
This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.
It is considered to be one of the most complicated and expensive type of organization. Generally, a corporation is considered to be perpetual in nature and it is a body that comprises of a group of people such as directors, shareholders etc., who act as a single entity. Also, it can be sold through stocks or shares, as a public entity.
One of the advantage of a corporation is that, owners have limited liability for debt to the extent to which they have invested and as such are not personally liable for some of debt owed by corporation.
A bylaw can be defined as rules or laws that are binding on an organization and its employees, as a result generally governs the internal affairs of the organization.
It's called a site inspection.
Hello there,
its no major
hope i helped
Answer:
she is acting like a person who is a risk lover
Explanation:
we get missing option they are as
A) irrationally B) like a person who is risk neutral C) like a person who is a risk lover D) like a person who is risk averse
so here correct answer is (c) like a person who is a risk lover because
here when she gain gain of $100,000.00 and than with 50.00% chance of winning amount $200,000.00 or it will be zero
As a risk lover means a risk taker. Risks may be uncertain or positive or negative in the future.
A risk taker or risk lover is a person's ability to take a risk on investment or gambling to earn a high return. The result can be positive or negative.
Whatever the risk lover takes, he or she accepts the risk.