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
Alekssandra [29.7K]
4 years ago
5

Indicate whether each of the following statements is true or false. 1. The corporation is an entity separate and distinct from i

ts owners. select between True and False 2. The liability of stockholders is normally limited to their investment in the corporation. select between True and False 3. The relatively low amount of government regulation of corporations is an advantage of the corporate form of business. select between True and False 4. There is no journal entry to record the authorization of capital stock. select between True and False 5. No-par value stock is quite rare today.
Business
1 answer:
slavikrds [6]4 years ago
4 0

Answer:1 True, 2 True, 3 True, 4 True 5 True

Explanation:

The business is seen as a separate legal entity separate from the owner. The reason for this is to know exactly what the capital employed by the owner's and investors have yielded

The liability of each shareholders for debt of the company is limited to the amount of capital in form of shares to the company or the amount each shareholders have agreed to contribute in the event of winding up or liquidation of the company

In a free market economy, government allows individual to own business they allow them to decide what to produce and how to produce it.however government plays a little role in business, but what government do is to provide an enabling environment for them to operate so that they can thrive. But government put in place some laws to control business activities.

The authorise capital is the capital contributed by the promoters of the company at inception of the company. It is a capital stated in their memorandum of association which are registered by the registrar of company.It is recorded not recorded in the journal

The common shares are issued either at par or non par value. When no stated value is on the share certificate it is known as non par valueThe value assigned to a share on the share certificate is the par value. But now, the two value commonly used are the book value and market value the book value is the total value that has been invested in the company common shares and how much will be available should the company liquidate. The market price is the stock market price which usually can be found on the financial page of the daily newspapers.

You might be interested in
Vesting refers to;
aivan3 [116]

Answer:

The correct answer is A

Explanation:

Vesting is a plan of retirement which means the ownership. In other words,vesting is the term which is described as the certain percentage of the account, will be vested or own by every employee in the plan each year.  

So, it is best described as the how long the employee owns or vest any contributions of the employer to the pension plan of the employee.

6 0
3 years ago
leadership has many facets, but the central feature of leadership is the ability to command and control others.
Step2247 [10]

The statement is True. Leadership has many facets, but the central feature of leadership is the ability to command and control others.

“The movement of Leadership a collection of people or an employer.” this is how the Oxford Dictionary defines management. In simple phrases, management is set taking dangers and hard the status quo. Leaders inspire others to obtain something new and higher.

Management abilities may be practiced to any degree irrespective of the identity you have. Leadership may be a critical capability to have because a great leader is capable of convey out the quality talents in his/her team participants and motivating them to paint collectively in attaining a shared intention.

One definition of management is to “inspire, influence and manual others to take part in a not unusual effort.” right leaders do not simply bark orders or hand out directives without an explanation. as an alternative, they use effective communication and motivation strategies to facilitate motion by using their teams.

Learn more about  leadership here brainly.com/question/1232764

#SPJ4

4 0
1 year ago
Barney takes his wife Betty to a Porsche dealership and tells her to pick out whichever car she wants as a birthday present. She
amid [387]

Answer:

The car should be given to Betty because Barney already have a contract with the dealer and he has stated explicitly in the terms to the contract that the car belongs to his wife. Porsche dealer should be prosecuted for breach of contract in the court of law.

Explanation:

8 0
3 years ago
OK Dry-Cleaning advertises so effectively that the regular customers of its competitor, Purity Cleaners, patronize OK instead of
stepan [7]

Answer:

a. a lawful action that is not a tort.

Explanation:

A tort refers to some wrongful act or some infringement of any right which is other than under any  contract which leads to a legal liability. It is based on a civil law. People are liable for their actions taken against another both accidentally or intentionally.

In the context, the customers who is regular to Purity Cleaners tries to patronize or condescend OK Dry Cleaners instead of Purity Cleaners. This is lawful action, however not a tort.

8 0
3 years ago
Student involvement in afterschool activities that are not part of a class or an academic requirement is known as
Ira Lisetskai [31]
Extracurricular activities
3 0
3 years ago
Read 2 more answers
Other questions:
  • What does consumer vigilance mean
    15·2 answers
  • Ginormous Oil entered into an agreement to purchase all of the outstanding shares of Slick Company for $60 per share. The number
    8·1 answer
  • Bright Daffodils Inc. operates in a state where the smoker's rights law is prevalent. Samantha, the HR manager at Bright Daffodi
    9·1 answer
  • Rhys Hoskins is the president of RH Corporation (RHC). RHC has provided the following partial listing of costs incurred during A
    12·1 answer
  • Amex Corporation invests excess cash to purchase $25,000 in corporate bonds on March 30, 2018. In addition to the $25,000, Amex
    15·1 answer
  • Edible Chemicals Corporation owns a $2 million whole life insurance policy on the life of its CEO, naming Edible Chemicals as be
    9·1 answer
  • I know this is very off topic and I might get banned for this but... I just got a guinea pig. He is Black and Brown with ,like o
    14·2 answers
  • The financial statements of the Sunland Company reports net sales of $828000 and accounts receivable of $79200 and $43200 at the
    9·1 answer
  • How many chargers must be produced and sold if you wish to make a profit of $45389? round up to the nearest whole number?
    13·1 answer
  • Commercial paper is ________.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!