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13y ago

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What are the main reasons why corporation is separated from its owners?

The separation provides protection to the shareholders in the event corporation's liquidation. The shareholders are not liable more than the worth of their investments in the corporation.


Why is limited liability a major advantage of a corporation?

This means in case of liquidation or bankruptcy their liabilities are only limited to the assets of the corporation and thus does not go into the coffer of the government


PS3 on sale at Circuit City Liquidation?

No they were not discounted and the chain has been out of business for some time.


Where can one find a liquidation sale?

A lot of liquidation sales take place via online auctions nowadays. Normally, the shops themselves would pass their liquidation stock to other companies to sell on their behalf, since liquidation does not always mean the store is closing down and can give a bad public image.


What is disinvestment?

The disinvestment is term for withdrawal of the capital from a country or in a corporation. It can also be the liquidation of an asset or subsidiary and also called as divestitures.


Where can I purchase a jewelry box for sale?

You can purchase a jewelry box for sale. You can go to amazon.com, ebay.com, www.myjewelrybox.com/liquidation/, or overstock.com. You can also go to Walmart or Target.


What time does the Meadowlands Expo Center Liquidation sale open on Sunday December 19 2010?

It will open at 10pm....


What is the average discount at a tires sale?

The average discoutn on tires during a sale is usually around 15%-20%. You can however find deals where tires are being sold for 40%-50% if there is a liquidation sale/


Can a corporation recognize a gain or loss in a complete liquidation?

Yes, generally a corporation must recognize gain or loss upon a distribution of propoerty in liquidation, computed as if the property were sold to teh distributee shareholder at its fair market value. Code Sec. 336(a). The type of gain or loss recognized (e.g., ordinary, capital, Section 1231) depends on the nature of the property to the corporation, as well as the property's holding period.


What stores in Houston are having leather sofa sales?

45 Furniture in Houston are having a sale on sofa's due to the company going into liquidation. Customers will be amazed at how little they will be on sale for.


What is the tax rate when you sell a house owned by a corporation?

The profit from the sale of the house (amount of sale minus the basis) will be taxed as income for the corporation, at their usual rate.


Does the running warehouse have a sale on running shorts?

The quick answer is yes. They currently have a liquidation sale on some of their shorts brands. As with all sales, however, it won't last forever. Depending on when you visit the site they may have more or less products for sale.