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A corporation is a legal entity that is distinct from its owners, providing limited liability protection to shareholders. It has the ability to raise capital through the sale of stock, facilitating growth and investment. Corporations typically have a structured management system, including a board of directors, and are subject to regulatory oversight and taxation. Additionally, they can continue to exist independently of the ownership, allowing for perpetual existence.
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Characteristics of close corporation?
characteristics of close corporation
Which best describes the types of agency authority held by officers of a corporation?
It is implied
What term best describes the fact that the existence of a corporation can be never-ending?
The best term is probably "fallacy".
Which of these characteristics best describes cardiac muscle tissue?
involuntary and striated
Which best describes the characteristics of lynchings in the South from 1880 to 1910?
increased
Which characteristics best describes how nuclear decay differs from nuclear fission?
Energy
What best describes the types of agency authority held by officers of a corporation?
express, implied, and apparent authority
What terms best describes the fact that the existence of a corporation can be never-ending?
The term that best describes the fact that the existence of a corporation can be never-ending is "perpetual existence." This means that a corporation can continue to exist indefinitely, regardless of changes in ownership or management. Perpetual existence is a key advantage of incorporating as it provides stability and continuity for the business.
What is a good Statement best describes the function of the reconstruction finance corporation?
it authorized loans during the Great depression
What best describes the characteristics of a mixed economy?
The economy is allowed to operate with no regulations or government interventions.
What best describes the characteristics erythrocyte associated with pernicious anemia?
megaloblastic or macrocytic nucleatd cells.
What terms best describes the fact that the existence of a corporation can be never ending -stock market -corporate exchange -perpetual life -legal obligation?
The term that best describes the fact that the existence of a corporation can be never-ending is "perpetual life." This concept indicates that a corporation continues to exist independently of the changes in ownership or the lifespan of its shareholders. It allows for the continuous operation of the business, even as individuals come and go.
