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sleet_krkn [62]
2 years ago
6

Keenan wants to incorporate his business. He buys business cards and labels with the name "Keenan’s Kwips" on them and begins se

lling gag gifts. Keenan follows the rules for incorporation in his state, including a statement that he is the sole shareholder, and he is granted a certificate of incorporation. The only problem is that Keenan has an error in his address on all the paperwork. Keenan’s business is probably a:______.a. corporation by estoppel.
b. de jure corporation.
c. de facto corporation.
d. public corporation.
Business
1 answer:
Charra [1.4K]2 years ago
6 0

Answer:

The correct option is b. de jure corporation.

Explanation:

A de jure corporation is a business that has fulfilled all the requirements mandated under the law of its state incorporation statute and has had limited liability protection granted to the corporation. De jure means "a matter of law," which validates the corporation as a legal entity.

It is created when steps are taken to incorporate, but not all of the statutes are in compliance. With a de facto corporation, it is not protected if the state challenges it in a "quo warranto" proceeding. It is protected against third parties.  

Courts can decide on a finding of de facto if three requirements are met by the corporation:

• A statute must be in existence that allows legal incorporation.

• The corporation has attempted to comply with the statute, which is considered a good faith effort.

• There has been actual use or the exercise of the corporate franchise.

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alexandr402 [8]

Answer:

Promotions

Explanation:

There are 4 P's of marketing. Promotion is the "P" that deals with coupons, contests, and free samples. Promotion is focused on getting consumers to buy the products.

8 0
2 years ago
g Which item is an indication of integrity under the Standards of Ethical​ Conduct? A. Recognize and communicate professional li
Reptile [31]

The correct answer is B) Keep information confidential except when disclosure is authorized or legally required.

The item that is an indication of integrity under the Standards of Ethical​ Conduct is "Keep information confidential except when disclosure is authorized or legally required."

All serious companies have to has their code of ethics. One of the most important indicators that this code is being followed is that the company keeps all the information of a client, confidential. The client deposits its information in the company's hands, knowing that the company is responsible for the way it uses only for the determined purposes established in the contract or agreement. This promise only can be broken when a legal authority requires disclosure.

3 0
2 years ago
Read 2 more answers
A manufacturer reports the information below for three recent years.
evablogger [386]

Answer:

<u>Year 1</u>

Fixed Overhead in ending inventory = (2,200 * $1.20) = $2,640

<u>Year 2 </u>

Fixed Overhead in ending inventory = (1,700 * $1.20) = $2,040

Fixed overhead in beginning inventory = (2,200 * $1.20) = $2,640

<u>Year 3</u>

Fixed Overhead in ending inventory = (1,800 * $1.20) = $2,160

Fixed overhead in beginning inventory = (1,700 * $1.20) = $2,040

                     Absorption costing income

Particulars                                                    Year 1         Year 2       Year 3

Variable costing income                           $140,000     $146,400   $143,950

Fixed Overhead in ending inventory        $2,640        $2,040       $2,160

Fixed overhead in beginning inventory    $0               ($2,640)     ($2,040)

Absorption costing income                      $142,640   $145,800  $144,070

6 0
3 years ago
If Carissa Dalton has a $136,000 home insured for $105,000, based on the 80 percent coinsurance provision, how much would the in
Andrei [34K]

Answer:

$ 8299.632

Explanation:

Given data in the problem:

The value of the home = $ 136,000

The insured amount of the house = $ 105,000

80% coinsurance provision = 0.8 × $ 136,000  = $ 108,800

Claimed amount = $ 8,600

Therefore, the claimable amount =  8600\times(\frac{105000}{108800})

= $8299.632

hence, the amount the insurance company will pay = $ 8299.632

5 0
2 years ago
Samantha’s database contains a table of student scores and another table with student schedules. How can Samantha use this infor
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