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taurus [48]
3 years ago
12

When a business association holds itself out to others as being a corporation when it has made no attempt to , the firm normally

will be from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving dispute.
incorporate
estopped
a single
Business
2 answers:
Effectus [21]3 years ago
7 0

Answer:

When a business association holds itself out to others as being a corporation when it has made no attempt to <u>INCORPORATE</u>, the firm normally will <u>ESTOPPED</u> be from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving <u>A SINGLE </u>dispute.

Explanation:

This paragraph refers to corporations by estoppel, which are businesses that have not completed (or even started) the statutory requirements to incorporate, but act like corporations.  This denomination is used by courts when individuals act like they are part of a corporation or a limited liability company and then if something goes wrong (and it usually does), will argue that they were never a corporation or LLC. The defendants will then be estopped by the court from denying that they were part of a corporation.

Obviously this type of behavior is carried out for something illegal, since there is no reason why someone should trick other people into believing that they are part of a corporation when they are not. Generally this type of acts result in frauds committed by issuing non-existent stocks and who knows how many more bad things.

REY [17]3 years ago
3 0

Answer: Putting the terms incorporate , estopped and a single to make a meaning it becomes as seen in the explanation below.

Explanation: The question should be fill in the bracket with the terms - incorporate, estopped and single.

So it becomes.

When a business association holds itself out to others as being a corporation when it has made no attempt to INCORPORATE.

The firm normally will be ESTOPPED from denying corporate status. When this occurs, courts will treat the entity as a corporation, but only for the purposes of resolving a SINGLE dispute.

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Explanation:

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Which of the following is true of constraints that exist in product mix decisions?
chubhunter [2.5K]

Statement that is  true of constraints that exist in product mix decisions is Multiple constraints can be handled using linear programming.

<h3>What is Product mix decision?</h3>

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It involves  adding a new product line as well as lengthening any existing line in order to increase the profitability.

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Which type of account will typically have the highest interest rate?
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Savings account is the answer
7 0
3 years ago
Read 2 more answers
A manufacturer of DVD players has monthly fixed costs of $9500 and variable costs of $55 per unit for one particular model. The
Alla [95]

Answer:

(a) C(x) = 9500 + 55x

(b) R(x) = 90x

(c) P(x) = 35x - 9500

(d) C(240) = $22,700

All functions are measured in $.

Explanation:

The total revenue of an entity is a function of the number of units sold and the selling price per unit. The total cost is a function of the fixed cost and the variable cost (which is also a function of the units produced/sold). Profit is a function of sales and cost.

Given that monthly;

fixed costs = $9500

variable costs = $55 per unit

Selling price  = $90 per unit

Where x is the number of units

total costs C(x) in $ = 9500 + 55x

total revenue R(x) in $ = 90x

profit P(x) in $ = 90x - (9500 + 55x)

= 35x - 9500

C(240) = 9500 + 55(240)

= $22,700

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Toby kirkland’s parents claim him as a dependent on their tax return. Toby had earned income in the amount of $2,897. What is to
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When we use the IRS rule which states the standard deduction amount should be greater than $900 or the income earned by the taxpayer  for the year in addition with $300 (should not be exceeding the regular standard deduction). Income earned by Toby is $2,897, then add

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The correct standard deduction amount would then be $3,197 ($2,897 +300)=$3197.

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