Create an account
A limited partnership always has at least one general partner, who assumes unlimited liability.
In creating a corporation, once the articles of incorporation are filed with the appropriate state office, the state may then issue a
About three-quarters of all businesses in the United States are sole proprietorships, and they earn somewhere around 10 percent of total business income. We may conclude that
there are many sole proprietorships, but their average income is small.
Big City Financial is attempting to avoid a hostile takeover by a corporate raider by allowing stockholders to buy more shares of stock at prices lower than current market value. Which of the following methods is being used to avoid the takeover?
a poison pill
In most states, corporations must have "corporation," "incorporated," or "limited" in their names to show that their owners have limited liability.
A corporation doing business outside the state in which it is chartered is known as a(n)
Articles of partnership are required by many states for businesses that have two or more co-owners. The issues covered usually include all of the following except
classes of stock to be issued
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