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mrs_skeptik [129]
3 years ago
12

Legally a corporation is a thing that can endure beyond the natural lives of its members and that has incorporators who may sue

and be sued as a unit and who are able to consign part of their property to the corporation for ventures of limited liability.
A) True
B) False
Business
1 answer:
Fed [463]3 years ago
7 0

Answer:

A) True

Explanation:

A corporation is a distinct and separate legal entity from its owners. It enjoys commercials' rights and has obligations, just like a person does. Corporations transact business,  can enter a contract, borrow money, sue, or be sued.

The most salient feature of a corporation is that its owners have limited liability. It means that the owners of a corporation are liable for its obligation up to the extent of their capital contribution. If a corporation is unable to meet its debts, the personal properties of its owners can not be attached to the liabilities.

Many corporations outlive their founders. The most famous companies were incorporated decades ago. A corporation is often described as a legal person. Its lifespan is not dependent on the lives of its owners.

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What happens at oceanic-continental convergent boundaries
anzhelika [568]

Answer:

The first type of convergent boundary is Oceanic-Continetal Convergence. This type of convergent boundary happens where an oceanic plate and a continental plate push together causing the oceanic plate to be forced under the continental plate into the mantle because the oceanic plate is thinner. This is called a subduction.

Explanation:

4 0
3 years ago
g Corporation's cost formula for its bungalow operating cost is $2,960 per month plus $326 per day. For the month of December, t
Advocard [28]

Answer: $942 U

Explanation:

Budgeted cost was $2,960 per month plus $326 per day and there were 18 days of actual activity.

Budgeted cost = 2,960 + 326 * 18

= $‭8,828‬

Variance = Budgeted cost - Actual cost

= ‭8,828‬ - 9,770

= -$942

Budgeted cost is less than Actual cost which means the Variance is UNFAVORABLE.

5 0
3 years ago
The production department is proposing the purchase of an automatic insertion machine. They have identified 3 machines and have
Usimov [2.4K]

Answer: Machine B

Explanation:

Average rate of return = Average Income / Average Investment

Machine A

= 47,932.64/342,376

= 14%

Machine B

= 85,282.20/284,274

= 30%

Machine C

= 68,037/453,580

= 15%

<em>Machine B has best average rate of return. </em>

8 0
2 years ago
In voluntary exchange, if the seller of a product gains,
Ber [7]
The answer to this question is C. The buyer must also gain; Mutual gain provides the foundation for exchange.
6 0
3 years ago
Kaia, a manager, studied the performances of the various business units of her organization. After making an assessment, Kaia ca
emmainna [20.7K]

Kaia's conceptual abilities are demonstrated by the aforementioned scenario.

<h3>What is the meaning of skills?</h3>

Ability to perform is referred to as skill. The abilities acquired to carry out particular tasks. It needs experience that has been developed through persistent work in certain areas.

Activities such as printmaking, photography, ornamental arts, music, painting, film, literature, and architecture were all considered skills.

Conceptual abilities are the Conceptual talents are the capacity to understand a complex circumstance or issue and offer a more unique and useful solution.

Thus, it may be said that the provided illustration demonstrates conceptual skills.

Learn more about Conceptual skills here:

brainly.com/question/4382381

#SPJ1

8 0
1 year ago
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