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zimovet [89]
3 years ago
13

Tony is the sole shareholder of O.K. Oil Corporation. Tony uses O.K's funds to pay his personal expenses and to create Pure Fuel

Corporation to engage in the same business as O.K. Oil. He then transfers all of O.K. Oil's assets to Pure Fuel. Tony then files/petitions O.K. Oil into bankruptcy. These actions would most likely cause:a. a bonus to Tony for financial maneuvers b. a discharge for O.K. in bankruptcy c. a pierce of the corporate veil. d. a review of Pure Fuel's articles of incorporation
Business
1 answer:
Law Incorporation [45]3 years ago
3 0

Answer: C

A pierce of corporate veil

Explanation:

A business is expected to have a separate body that is distinct from that of its owner or owners. In the above scenario, Tony does not take the business as a separate entity and as such he can be charged for piercing the corporate veil of O.K. Oil Corporation on the following grounds.

Failure to maintain the separate identities of the companies.

Failure to maintain separate identities of the company and its owners or shareholders.

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Being a good corporate citizen and contributing to the community are examples of __ responsibilities.
Talja [164]

Answer:

corporate social responsibilities        

Explanation:

Corporate Social Responsibility refers to the form of global self-regulation for private companies aimed at contributing to community objectives of an entrepreneurial, political, or humanitarian type or by participating in or promoting voluntary or ethically focused action.

Although before it was easy to explain CSR as an inner organizational practice or a business ethics technique, the period followed when different international legislation were established and different organizations used their power to move beyond person and even sector-wide programs.

Although it has long been known a type of organizational self-regulation, it has changed significantly over the past decades from voluntary actions at just the individual level companies to compulsory systems at local, domestic and international scale.

4 0
3 years ago
2. Max z = 3X1 + 5X2+ 4X3 S.t.2X1 +3X2 ≤ 18 2X1 + X2 ≤ 10 3X1 + 2X+4X3 ≤ 15 X1, X2, X3 ≥ 0
lions [1.4K]

The interpretation of the result is that the maximum value of the objective function is 29

<h3>How to solve and interpret the result?</h3>

The objective function is given as:

Max z = 3x₁ + 5x₂+ 4x₃

The constraints are:

2x₁ +3x₂ ≤ 18

2x₁ + x₂ ≤ 10

3x₁ + 2x₂ +4x₃ ≤ 15

x₁, x₂, x₃ ≥ 0

Subtract the second inequality from the first

2x₁ - 2x₁ + 3x₂ - x₂ ≤ 18 - 10

Evaluate the like terms

2x₂ ≤ 8

Divide by 2

x₂ ≤ 4

Substitute 4 for x₂ in 2x₁ +3x₂ ≤ 18

2x₁ +3*4 ≤ 18

This gives

2x₁ + 12 ≤ 18

Evaluate the like terms

2x₁ ≤ 6

Divide by 2

x₁ ≤ 3

Substitute 4 for x₂ and 3 for x₁ in 3x₁ + 2x₂ +4x₃ ≤ 15

3*3 + 2*4 +4x₃ ≤ 15

This gives

17 +4x₃ ≤ 15

Evaluate the like terms

4x₃ ≤ -2

Divide by 4

x₃ ≤ -0.5

From the constraints, we have:

x₁, x₂, x₃ ≥ 0

So, we set all negative values to 0

This means that:

x₃ ≤ 0

Substitute these values in the objective function

Max z = 3 * 3 + 5 * 4 + 4 * 0

Evaluate

Max z = 29

Hence, the interpretation of the result is that the maximum value is 29

Read more about objective functions at:

brainly.com/question/11206462

#SPJ1

7 0
2 years ago
"A folder has been shared with permissions that allow Accountants to have read permission and Managers to have change permission
alukav5142 [94]

Answer:

The explanation of this question is given below in the explanation section

Explanation:

Sharing a folder on a local area network or LAN requires permission to access it. These permissions mostly categorized into read and write.

Those who have read permission, then they can only read those folders or files but they can't change the content of those folders or files. For example, if someone is allowed to read the files, If he tries to change, then the system will not allow him to change the contents of the file.

On the other side, If someone has permission to change the folders or files on the LAN network or local or public server. Then he has full authority to change the content. In short, the one who has the write permission, can easily change the content of that file or folder and have full control over it.

As asked in this question, a folder has been shared with permission that allows Accountant to have read permission and Manager to have the change permission. Marry is the accounting manager. Marry have full permission or full control (read, write) to accesses the shared folder from across the network.

3 0
3 years ago
Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location an
Triss [41]

Answer:The answer is 1 B, 2.the giving up of her $50,000 per year job as an accountant, 3.True

Explanation:

The opportunity cost can be define as a sacrifice whether on the side of an individual, a firm or government. The opportunity cost is the forgone alternatives in order to acquire a product or a services. To an individual, who aims at maximizing his utility from his limited available resources he will have to allocate these limited resources to those wants that are most important. Opportunity cost help an individual to make a judicious use of his scarce resources. .The opportunity cost is also important to a firm because the firm has to choose to allocate its limited available raw materials in the production of a particular product with high demand at the expense of other products with low demand in order to maximize profit.

The opportunity cost to the government is in the preparation of the budget, the government can decide to allocate the available resources to the sector of the economy which is of high priority such as education at the expense of other sectors of the economy.

7 0
3 years ago
Isabel Lopez from Lewiston, Idaho, who is 19 years old, recently received an inheritance of $54,000 from her grandmother's estat
Zielflug [23.3K]

Answer:

She will have $16,772.59 more in the second investment.

Explanation:

Giving the following information:

Recently she received an inheritance of $54,000 from her grandmother's estate. She plans to use the money for the down payment on a home in ten years when she finishes her education.

We need to use the following formula:

FV= PV*(1+i)^n

First savings account:

FV= 54,000*(1+0.04)^10= $79,933.19

Second investment:

FV= 54,000*(1+0.06)^10= $96,705.78

She will have (96,705.78 - 79,933.19) $16,772.59 more in the second investment.

3 0
3 years ago
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