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marta [7]
3 years ago
10

What the beneſts or disadvantages of corporations​

Business
1 answer:
Temka [501]3 years ago
3 0
Answer: Advantages of a corporation include personal responsibility protection, and easier access to bigger things. Disadvantages of a corporation include it being time-consuming and subject to double taxation, as well as having rigid formalities and protocols to follow...
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Vincent has just launched an online retail platform for his clothing store. With this website, he plans to take his business acr
Veronika [31]

Answer:

Vincent should adhere to Data Protection Laws while handling information in the customer database.

Explanation:

It is very easy to collect customer information online and this information is often subject to abuse and misuse.

The information privacy law or data protection laws restrict the disclosure or misuse of information about anyone (Private Individuals or Corporate Entities)

The Laws require that records kept about an individual must be accurate and up to date. It thus falls within the responsibility of online business owners like Vincent to provide mechanisms for people to review data about them, to ensure accuracy.

Cheers!

5 0
4 years ago
Crane Corporation has 2,000 shares of stock outstanding. It redeems 500 shares for $370,000 when it has paid-in capital of $300,
Lera25 [3.4K]

Answer:

E&P $1,200,000 × 25%= $300,000 reduction

Crane Corporation would reduce its E & P in the amount of $300,000 as a result of the redemption.

This represents a 25% decrease in the amount of the E & P corresponding to the 25% stock redemption.

When a stock redemption results in sale or exchange treatment for the shareholder, the E & P account of a corporation is reduced in an amount not in excess of the ratable share of the E & P of the distributing corporation attributable to the stock redeemed.

As such, none of the expense of $13,000 of accounting and legal fees or other is deductible.

4 0
3 years ago
Hunters should teach others, work with landowners, and cooperate with game wardens. these efforts are part of what makes a hunte
AysviL [449]
<span>This is part of the concept of involvement. Being involved in the hunting sport makes sure that people are responsible for their actions in the future, makes people aware of the needs and requirements of those who do undertake the activity, and gives people the information they'll need in order to be successful at the activity.</span>
7 0
3 years ago
To comply with the "Jim Crow" laws, Milton, the owner of a chain of restaurants, reserves the restaurants on Wiley Street for wh
mihalych1998 [28]

Answer:

separate-but-equal doctrine

Explanation:

The separate-but-equal doctrine was upheld as constitutional in the US since according to this doctrine, racial segregation didn't violate the Fourteenth Amendment to the Constitution because colored people received the same service as white people.  

The Fourteenth Amendment guaranteed equal protection for everybody, in this case it guarantees equal service.

4 0
3 years ago
The investment a company makes in training employees to perform their duties and redesigning products and processes to improve t
Andre45 [30]

Answer:

True

Explanation:

Prevention Cost is the cost which is incurred to avoid the loss due to defects in the products manufactured, here the cost incurred is as follows:

Training employees that is the benefit from training will be reducing cost and improving quality of the product, therefore, it will be considered as prevention costs.

Further cost incurred for redesigning products and processes will improve the quality of the product and the process therefore this cost can also be considered as prevention costs.

Final Answer

The above statement is true.

4 0
3 years ago
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