The Second National Bank of Guthrie has opened an office in Chile. This office offers a full line of services and is not a separate legal entity from the Second National Bank of Guthrie. The type of office the Second National Bank of Guthrie open in Chile is the<u> Branch Office</u>
Explanation:
A branch office is one that :
- That offers a full line of services and is not a separate legal entity from the Second National Bank of Guthrie.
A branch office is a location, which is other than the main office, where a business is conducted. A branch office consist of MANY smaller divisions of different DEPARTMENTS of the company such as human resources, marketing, and finance.
The main Difference between a branch office and a subsidiary is that a branch office is not a separate legal entity of the parent corporation whereas a subsidiary is a separate legal entity from the parent, although owned by the parent corporation.
<span>Determining point of diminishing returns, that is when the policy makers are getting less back than what they put into the programs. This is the most often used economic method by policy makers when they make pollution regulations.</span>
Answer:
a) Ownership rights cannot be easily transferred. - True
b) Ownership rights cannot be easily transferred. - False
c) Owners have unlimited liability for corporate debts. - False
d) Capital is more easily accumulated than with most other forms of organization. - True
e) Corporate income that is distributed to shareholders is usually taxed twice. - True
f) It is a separate legal entity. It has a limited life. - False
g) Owners are not agents of the corporation. - True
Explanation:
A corporation is an organization established by the issuance (and purchase) of shares. It is identified as a separate legal entity from the owners and the liabilities of the owners is limited to the amount invested (in form of shares or stock). Ownership rights can easily be transferred through various means. One of such means is the sale of shares or stock in the secondary market.
The company pays company income tax on income earned while the shareholders (owners) also paid tax on dividend income. It has an unlimited life and is expected to continue to perpetuity.
The board of directors, managers of the company are the agents of the corporation acting on behalf of the owners.
Hi I think she would be acting outside of her
im gunna say say invest 15 dollars. i am not sure if thats what it wanted?
