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MaRussiya [10]
2 years ago
10

Jill invests $1,000.00 to buy ten shares of Good Corporation. The corporation goes bankrupt having no assets and $1 million in l

iabilities. The most Jill can lose is the $1,000.00 she invested. This is an example of the corporate characteristic of: A. Limited liability. B. Free transferability of shares. C. Perpetual existence. D. Centralized management.
Business
1 answer:
likoan [24]2 years ago
8 0

Answer:

A. Limited liability.

Explanation:

The limited Liabilities company's protects their members and managers.

It protects their personal assets from the business liabilities.

The laiblities of the business will be settle with the busieness assets. IF there are no more assets, then debts defaults and become uncollectible.

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VARVARA [1.3K]

Answer:

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Explanation:

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3 years ago
Kasapreko Company Limited is a wholly Ghanaian-owned company with branches in Nigeria, South Africa and Germany. With relevant e
Tema [17]

Answer:

Explanation:

It should be understood that Kasapreko company limited is a Ghanian company that specialises in the production of herbal beverage products.

And the primary aim or goal of the company is to be able to have branches in every country of the world. But before this could be achieved, the company must be able to meet the demands of its country of production, and be able to attain or collect the necessary documents that will allow it to have branches outside the country it was founded. It must also be able to acquire the necessary licenses to operate in its desired countries.

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2 years ago
Identify the item below that is accurate regarding preparer retention of records.a. The preparer must make the copy or record of
AveGali [126]

Answer:

D. all of the above

Explanation:

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b. The preparer must retain a completed copy of each return or claim for refund prepared or retain a record by list, card file, or otherwise, of information, as required by regulation, about each return prepared.

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7 0
3 years ago
g Each division has a manager who is paid a salary of $130,000 annually and one assistant manager who is paid $70,000 annually H
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Answer:

$0

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3 years ago
when a sale is made to a customer on credit, it creates an a/r that is classified on the balance sheet as
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The correct answer is a current asset.

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3 years ago
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