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3 years ago

Who faces limited liability, in the form of money, for the firm's debts in a corporation?

Business

2 answers:

telo118 [61]3 years ago

8 0

The individual stockholders face limited liability in the form of money

Zigmanuir [339]3 years ago

8 0

The answer is: Individual stockholders

When a business adopt a corporation form, the personal assets of the stockholders cannot be touched by liabilities that might occurs if the business is failing.

The liquidation process is limited to the assets that exist in company. After all assets are fully liquidated but still cant fulfill all the liabilities, the creditors are forced to consider the remaining amount as a loss.

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Punitive damages: a. are a small amount of compensation given to the plaintiff. b. are like actual damages but do not seek to de

lukranit [14]

Answer:

The correct answer is letter "D": are damages in excess of the plaintiff's injuries, awarded to punish the defendant.

Explanation:

Punitive Damages are penalties passed to the defendant of court cases on top of compensations they must pay to plaintiffs because of the faults they committed. The punitive damage is not provided to the plaintiffs but is imposed to punish defendants when their faults are negligent and should not be repeated.

Thus, <em>punish damages are imposed in an attempt to avoid other individuals to commit the same gross faults.</em>

6 0

3 years ago

A model of demand predicts that a rise in price will cause a decrease in the quantity of a good consumers want to buy anda in pr

luda_lava [24]

Answer:

Option (a) is correct.

Explanation:

According to the law of demand, there is an inverse relationship between the price of the product and the quantity demanded for that product. Hence, if there is an increase in the price of the good then as a result this will decrease the quantity demanded for the good and if there is a fall in the prices of the goods then as a result the quantity demanded for the goods increases.

Therefore, the change in the price level of the goods represents the cause and its effect is the change in the quantity demanded for the goods that a consumer want to purchase.

8 0

3 years ago

Jeremy Westbrook owns an organic food company which has increased both its profits and revenues over an extended period of time.

valina [46]

People grow in different ways in their business. Jeremy's firm is experiencing Sustained growth.

Sustained growth often takes place when a state controls all monetary creation, set up a market-based exchange rate, and handles property rights.

For when a person experienced sustained growth for only a short timeframe, the increase in wealth inequality is likely to be greatest for the fast-growing economies.

The food company has increased steadily in its revenue without additional financial aid, and its growth is sustained.

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3 0

3 years ago

On December 1, Miser Corporation exchanged 2,000 shares of its $25 par value common stock held in treasury for a parcel of land

Allushta [10]

Answer:

Capitalized value = $188000

Explanation:

Land should be capitalized by fair market value of share exchanged less any recovery of scrap as land will be developed for future plant.

Fair value of shares = $50*4000 = $200000

Less: value of scrap = $12000

Capitalized value = $188000

8 0

3 years ago

Companies may want to consider budgeting for contributions to employee loss expenses (such as funerals) as well as for counselin

nikdorinn [45]

Answer: Option (A)

Explanation:

Crisis management is known as or referred to as process through which the organization tends to deal with the unexpected and disruptive event which mostly threatens in order to harm an organization or the stakeholders. The crisis management is considered and known to be one of the most important and vital process in the public relations.

8 0

3 years ago