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
JulijaS [17]
4 years ago
5

A corporation is incorporated in only one state regardless of the number of states in which it operates.

Business
1 answer:
k0ka [10]4 years ago
5 0

Answer:

(A) True

Explanation:

A corporation just requires a basic incorporation state, through which the legal identity of its incorporation is created. After that it does not require to incorporate in all the states where the business is being conducted.

As per the law, there shall be at-least a different legal identity then that of the individual to conduct such business. Law does not demand separate incorporation.

Thus, the above statement is

True.

You might be interested in
The board of directors of capstone inc. declared a $0.60 per share cash dividend on its $1 par common stock. on the date of decl
Liula [17]

The entry for the dividend declaration is as following:
Debit Cash Dividend $12,000
Credit Dividend Payable $12,000
To acquire the amount we must multiply the dividend per share which is 0.06 with a number of common shares issued which is 20,000. Capston, Inc have to entry this transaction as the dividend declares although the cash has not yet disbursed to comply with the accrual principle.
 
The treasury stock must be ignored because it is the portion of stocks which held by the company in its own treasury and the amount of authorized stock because it is not yet issued and the company doesn't have the obligation to pay that portion of stocks dividend<span>.</span>
3 0
4 years ago
Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 bil
KiRa [710]

Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 billion USD to acquire Coca-Cola Enterprises, its largest bottling partner, it reversed course in 2015 and sold off all its bottling operations. This is an example of a <u>failed diversification effort</u>.

<u>Explanation</u>:

Diversification efforts are taken by the organizations to achieve desired outcomes but sometimes they fail in it. The following are the reason for failure of diversification effort:

- failing to integrate acquisitions

- unable to understand how the acquired organization’s assets would fit with their own lines of business

- paying high premium for the target's common stock

- not acting in best interest of shareholders

The diversification strategy is adopted by many organizations to develop its business. In the above scenario, Coca-Cola Enterprises adopted diversification effort but failed in it.

8 0
4 years ago
Out of insurance paid this year 3000 is for next year
olga55 [171]
I’m not understanding .. is there a picture ?
3 0
3 years ago
How does the organization of the Federal Reserver System Help it perform its functions?
ludmilkaskok [199]

Answer:

The Federal Reserve System's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services. The Federal Open Market Committee is the Fed's monetary policy-making body and manages the country's money supply.

Explanation:

4 0
1 year ago
A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for simil
Ann [662]

Answer:

Nonstructured pricing

Explanation:

Nonstructured pricing is also called copy cat method of pricing and involves a pricing that is based on prices charged by similar businesses for a product or service. The business copy cats the prices of competitors. On the other hand structured pricing is done based on the firm's internal determination of the value of a product.

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for similar dishes at the other restaurants. He is using no structured pricing.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Hofstede studied how culture influences consumer behavior. When a Japanese company decides that it will be willing to lose money
    11·1 answer
  • For analysis purposes Jay considers his restaurant to have three revenue centers. These are the dining room, the bar and off-sit
    10·1 answer
  • When several different vendors and/or products are candidates and you want to solicit competitive proposals and quotes, what wou
    9·1 answer
  • TB MC Qu. 3-209 Chavez Corporation reported the ... Chavez Corporation reported the following data for the month of July: Invent
    14·1 answer
  • Suppose an oligopolistic producer assumes its rivals will ignore a price increase but match a price cut. In this case the firm p
    8·1 answer
  • he following data are to be used for Questions 4 and 5. The parentheses indicate amounts that should be subtracted in the comput
    12·1 answer
  • A commercial bank like Comerica creates money by Group of answer choices making loans. earning profits. printing paper money. se
    12·1 answer
  • Which describes the tax consequences of ordinary dividends. A. Ordinary dividend distributions are not taxed to a distributing​
    8·1 answer
  • Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated
    7·1 answer
  • Which of the following is a reason the government can’t completely control the business cycle
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!