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sattari [20]
3 years ago
13

Marshall Officer is a stockholder in Endrun Investments, which is organized as a C Corporation. Endrun recently lost a major cou

rt decision and will probably be forced into bankruptcy. In fact, the damages awarded are so great that, even if all of its assets are sold and the proceeds are used to pay its debts, Endrun is likely to still owe money to its creditors. If Endrun does go bankrupt, Marshall and the other stockholders will___________
Business
1 answer:
yawa3891 [41]3 years ago
4 0

Answer:

The correct answer is letter "B": lose their investment but nothing else.

Explanation:

C Corporations are entities where the owners' assets are separate from the corporation's liabilities. This implies in front corporate of losses, the investors will not be able to recover their investment but that is the only loss they would suffer. Profits of a C Corporation must be filed at corporate and personal levels creating double taxation.

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A customer's desire for a product coupled with the buying power or resources to obtain that product is called a ________.
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Pls help or ill fail
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2 years ago
Most codes of ethics created by professional organizations have two main parts:________
Sveta_85 [38]

The correct answer is true.

It is completely true that most codes of ethics created by professional organizations have two main parts. One part outlines what the professional organization aspires to become, and the other part lists rules and principles by which members of the organization are expected to abide.

The code of ethics is an obligated set of ethic statements that serves one purpose in the Organization: that every member of the company follows the code directions and applies moral values in every decision-making process to have an honest company that maintains its reputation in the business and that public opinion can never question its procedures and decisions.

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3 years ago
Approximately ________ percent of the federal budget is in the mandatory spending category
Goshia [24]

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6 0
3 years ago
Lee lives in a nation that has a worldview that values subordination of the individual to the goals of the group. Lee's country
Nikitich [7]

Lee lives in a nation that has a worldview that values subordination of the individual to the goals of the group. Lee's country also follows the principle that people should be judged by their contribution to the group. Lee's country is collectivism.

<h3><u>Explanation:</u></h3>

The principle that gives importance and priority to the group rather than the individuals is called as collectivism. It gives importance to the group for instance a family rather an individual in that family. For instance consider the activity of a child who has been brought up in a collectivist society.

He will have the tendency to take care of the parents who are older and when they are not feeling well instead of taking care of themselves. In the given example, the country in which LEE lives is giving priority to the group and thus Lee's country is collectivism.

6 0
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