1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vivado [14]
3 years ago
6

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:

A) be personally responsible for all remaining debts.
B) lose their investment but nothing else.
C) be entitled to full reimbursement of any investment losses.
D) automatically qualify for federal reimbursement for any losses suffered by the firm.
Business
1 answer:
Neko [114]3 years ago
7 0

Answer:

B) lose their investment but nothing else.

Explanation:

When a company becomes bankrupt and its assets were unable to settle it's obligations as is the case of Endrum Investments, the shareholders lose the value they had in their shares.

A C corporation is one in which the business is a seperate entity from the shareholders. The shareholders are not liable for any action taken against the company.

In this instance since the shares are the assets of the company, they will be liquidated to settle the damages awarded in court. Shareholders are not liable for the extra debt owed by the business.

You might be interested in
Which tab provides you options like inserting a table, inserting a shape, or adding Audio/Video?
REY [17]

Answer:

The insert tab

Explanation:

7 0
2 years ago
Exhibit 9-4 Refer to Exhibit 9-4. Assume the economy is self-regulating and currently is in long-run equilibrium with the price
natali 33 [55]

Answer:

<h3>P3 and Q3 </h3>

The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.

Explanation:

Exhibit 9-4 Refer to Exhibit 9-4.

Assume the economy is self-regulating and currently is in long-run equilibrium with the price level equal to P5.

If something happens that shifts the AD curve to the AD1 position, the economy will eventually settle down at a long-run equilibrium point of __________. Question 6 options: P5, Q3. P4, Q4. P3, Q3. P3, Q5. P4, Q2.

<h3>P3 and Q3 </h3>

The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.

6 0
3 years ago
alpha corporation began using the mark zing for chocolate candy bars in new york and new jersey in 2010. in 2015, without any kn
o-na [289]

The result of the corporation is most likely trademark infringement.

When a trademark or service mark is used without authorization on or in connection with products and/or services in a way that can cause confusion, deception, or mistake about the source of the goods and/or services, this is referred to as trademark infringement.

A trademark owner who believes their mark is being used improperly may, depending on the circumstances, bring a civil action (i.e., a lawsuit) for trademark infringement in either a state or a federal court. However, trademark owners typically opt to bring an infringement claim before a federal court. Even if the plaintiff files in state court, the defendant may be able to have the case "removed" to federal court.

Learn more about trade mark infringement at

brainly.com/question/28098520?referrer=searchResults

#SPJ4

8 0
1 year ago
To allocate scarce goods and resources, a market economy uses . This means that individuals will get the goods and services if t
4vir4ik [10]

Answer:To allocate scarce goods and resources, a market economy uses non-price rationing preferential treatment price rationing . this means that individuals will get the goods and services if they have the ability to pay meet the government's requirements stand in line at the store.

Explanation: hope this helps u! (:

4 0
3 years ago
Emily, age 58, has been a participant in the Icon, Inc. ESOP for fifteen years. She plans to retire at 65. At the end of this ye
Andrej [43]

Answer:

How much must Icon allow Emily to diversify this year?

The answer is $250,000

Explanation:

  • After attaining the age of 55 years and participating already for ten years in the ESOP.
  • Emily will be allowed to diversify the value equal to 25% of investments.
  • 50% of the investment is allowed to be diversified if it is final year of participation but in the present case it is not the final year before the retirement of the Emily so she will not be allowed 50% diversification and only up to 25% is allowed on which the percentage of investment already diversified in previous years will also be reduced.
  • Since here in the past no amount has been diversified by Emily so she will be allowed 25 % of investment to diversify in the current year which comes to $250,000 ($1,000,000* 25%). Thus the answer is $250,000.
7 0
3 years ago
Other questions:
  • Charlene has a monthly salary of $3,410. With her present budget, Charlene has a net income that is 7% of her monthly salary. Ch
    5·1 answer
  • The following information pertains to the January operating budget for Casey Corporation. times Budgeted sales for January $ 200
    11·1 answer
  • Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Colu
    6·1 answer
  • A company using the periodic inventory system has inventory costing $210 on hand at the beginning of a period. During the period
    5·1 answer
  • Explain why circulation and rating systems determine how much money different advertisements cost to run.
    9·1 answer
  • Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the
    13·1 answer
  • Dyl Pickle Inc. had credit sales of $4,000,000 last year and its days sales outstanding was DSO = 35 days. What was its average
    11·2 answers
  • Which of the following provides the best example of a systematic-risk event? A. A strike by union workers hurts a firm's quarter
    5·1 answer
  • The summer season is approaching, and
    14·2 answers
  • You deposit $1,800 at the end of each year into an account paying 10.6 percent interest.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!