All categories

3 years ago

Legally, how is corporation treated?

Business

2 answers:

iragen [17]3 years ago

6 0

Answer:

In the United States and most countries, corporations, as legal persons, have a right to enter into contracts with other parties and to sue or be sued in court in the same way as natural persons or unincorporated associations of persons.

jeka57 [31]3 years ago

5 0

Corporations do not have coequal constitutional rights as living, breathing human citizens, but they are making claims on more rights that, until relatively recently, were only asserted by real people.

You might be interested in

Unlike households, governments are often able to sustain large debts. For example, in 2013, the U.S. government's total debt rea

nirvana33 [79]

Answer:

the dollar cost of the annual interest on the government's total debt assuming the interest rate and debt is $356 billion

Explanation:

Dollar cost of annual interest on total debt = Total debt for the year x Average interest rate

= $17.3 trillion x 2%

= $17,300 billion x 2%

= $346 billion

This value is closest to option (2).

6 0

4 years ago

Terrace Salad issued a 25-year, annual bond with 8 percent coupon rate 15 years ago. The bond currently sells for 105 percent of

Andru [333]

Answer:

7.28%

Explanation:

Coupon rate = 8%

Nper = 10 (25-15)

PMT = 80 (1000*8%)

FV = 1000

PV = 1050

Yield to maturity = Rate(Nper, pmt, -pv, fv)

Yield to maturity = Rate(10. 80, -1050, 1000)

Yield to maturity = 0.072789069

Yield to maturity = 7.28%

Thus, the pretax cost of debt is 7.28%.

3 0

3 years ago

Brustle's Pottery either factors or assigns all of its receivables to other firms. This is known as: a. capital financing. b. ac

Mazyrski [523]

Answer:

Accounts receivable financing

Explanation:

The accounts receivables are used as a collateral to receive a loan from the bank or factor. The amount received are deducted from the loan assigned and the remainder are paid back to the firms. The interest rate is agreed between the factor and firm using invoice discounting. Whereas the factoring is the assigning of the responsibility of accounts receivables management to the other organization. So both of these are the ways through which accounts receivables are used to finance the company's working capital or long term projects.

5 0

3 years ago

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the

SpyIntel [72]

The question is incomplete. The complete question is :

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar.

Regular withdrawal $ 2200

Interest rate 2%

Frequency Monthly

Time 20 years

Solution :

Given :

Monthly withdrawal = $ 2200

Interest rate = 2%

Frequency = monthly

Time = 20 years

= 20 x 12 = 240 months

Formula used :

$w=\frac{[PZ^{r-1}(Z-1)]}{[Z^Y-1]}$ with Z = 1 + r

where, w = monthly withdrawal

P = principal amount

r = monthly interest rate

Y = Number of months

So, w = 2200

r = 2% = 0.02

Z = 1 + r

= 1 + 0.02 = 1.02

Y = 240

Therefore,

$2200=\frac{P(1.02)^{240-1}(1.02-1)}{(1.02)^{240-1}(1.02-1)}$

$P=\frac{2200(115.888-1)}{113.6164(0.02)}$

= 111,231829

≈ 111,232 (rounding off)

Thus, the account balance = $ 111,232

3 0

3 years ago

Production possibilities curves are useful to businesses because they

Yuki888 [10]

C hehehegehehegg he go

6 0

3 years ago