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What rights does a owner with minority interest have when the corporation doesn't follow by-laws and diverts some profits from the corp?
Wiki User
∙ 14y ago
Just because you are a minority owner does not mean that the majority owner(s) can violate the corporate by-laws (or violate state law) and illegally (or improperly) divert profits that should have been distributed to ALL owners/shareholders. It sounds as if you should consult with an attorney skilled in corporate law.
Wiki User
∙ 14y ago
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Can a non-profit corporation earn interest on a bank account?
Yes. A"non-profit" corporation is one that does not have stockholders, so there can never be a distribution of net corporate profits to them. The corporation can earn all the money it can and keep the profits or use them for corporate work, expansion or charitable purposes. There may be limits on how much profit the corporation can accumulate.
A corporation gives out its profits as dividends paid to its?
Stockholders
Who decides how profits should be spent in a corporation?
Ultimately, the Board of Directors decides how profits should be spent in a corporation.
What is true Rates of interest on bonds are fixed no matter what profits the corporation makes. Rates of interest on bonds vary based on the profits and losses of the corporation.?
Bonds may have fixed interest rates that stay the same throughout the life of the bond, or they may have floating rates that change.A corporate bond is a debt security issued by a corporation and sold to investors. Corporate bonds are considered to have a higher risk than government bonds.As the investor owns a bond, he receives interest from the issuer until the bond matures. At that point, the investor can reclaim the face value of the bond.
An ownership position in a corporation and represents a claim in the corporation's assets and profits?
Stockholder.
Profits of a corporation that is distributed to its stockholders?
dividends
What signifies an ownership position in a corporation and represents a claim in the corporation's assets and profits?
Stockholder.
Signifies an ownership position in a corporation and represents a claim in the corporation's assets and profits?
Stockholder.
What is the goals of a Corporation?
The goal of a corporation is to maximize profits. Furthermore, the goal of a publicly traded corporation is to maximize value for its shareholders.
What of the following signifies an ownership position in a corporation and represents a claim in the corporation's assets and profits?
stock A+
Which form of business organization is taxed twice?
a C corporation the corporation is a separate entity who's profits are taxed then what's left of those profits are distributed/shared by the individual share holders who will be taxed on their individual share of the profits. Where as in a S corporation, subchapter corporation, the corporation entity I believe doesn't get taxed only the individual share holders do. Most small businesses are S corporations.
A corporation gives out some of its profits in dividends to whom?
stockholders
