What would happen to the corporation if it failed to file by-laws? Would it dissolve the corporation

Q: What limitations are S-corporations subject to?

A: S corporation is referred to as the corporation, which are treated regarding the federal tax…

Q: Which of the following is not a power held by a corporation's shareholders?   removal of corporate…

A: The organizations to meet their financial requirements, sell their stocks in the market. The…

Q: A corporation cannot start its operation if the Securities and Exchange Commission (SEC) does not…

A: Corporation is a legal form of business organization, under which several members invest their…

Q: What is ordinarily the first step in the Formation of a corporation? * O Development of by-laws for…

A: Solution: The first step in the formation of the corporation is "Application for incorporation to…

Q: How do corporations go public and continue to grow

A: Private corporations go public because due to increasing operations they need to fulfill liquidity…

Q: True or False. a corporation is cease to exist when its shareholders sell their stock.

A: Company means the form of business where management is separately from owner and have perpetual…

Q: A corporation existing in fact but not in law   Choices; De facto corporation De jure corporation…

A: De facto corporation refers to the existence of the company in reality but not recognised by law. De…

Q: If the corporation is considered as de facto, who can question its existence?   Board of Directors…

A: When corporation is considered as de facto, it means that corporation exist even though it may not…

Q: It refers to the natural right of stockholders to subscribe to all issues or disposition of shares…

A: The answer is stated below:

Q: Pass through. If the corporation is structured as an S corporation, profits and losses are…

A: Meaning of "Passed Through" Status : It is a concept in which the income or loss of an entity is…

Q: What is the reason why close corporations are not allowed to engage in mining or oil companies,…

A: A business is characterized as an association or ambitious entity indulged in industrial,…

Q: IF A CORPORATION COMMITS A CRIMINAL OFFENSE, HOW CAN IT BE PUNISHED?

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: rite T if the statement is correct and F if the statement is incorrect. On the space provided,…

A: solution concept incorporator in a corporation Incorporator means the shareholders who incorporate…

Q: Which circumstance is an example of why Congress established the nonrecognition of gain or loss when…

A: The circumstance that is an example of why congress established the recognition of gain or loss when…

Q: What is the basis of a stockholder's right of inspection of the corporation's books and records

A: Stockholders or Shareholders are the people holding equity shares of a company. Shareholders are the…

Q: How does the audit of owners’ equity for a closely held corporationdiffer from that for a publicly…

A: Audit of owners equity for a closely held corporation is different from that of publicly held…

Q: basic shareholders rights Group of answer choices The right to inspect the accounting records of the…

A: Shareholders are known as the owners of the company. And the control lies in their hands too. They…

Q: Is there a limit to a number of corporation that can enter into a JV?

A: Joint ventures (JV) can be defined as a form of business organization under which two or more…

Q: Which is not a mode of involuntary dissolution of a corporation?  a. Legislative revocation of…

A: Solution: following are mode of involuntary dissolution of a corporation: a. Legislative…

Q: 1. The following are the attributes of a corporation, except * A. It is an artificial being. B. It…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Is there any consequences if one person corporation (OPC) was not put before or at the end of a…

A: The one person company means a company formed with only one single person or a member.

Q: What principle is applied when the properties bought by a corporation is wholly owned by the…

A: Corporation is one of the legal form of business organisation, under which several members invest…

Q: 87. Which is not one of the basic shareholders' rights? O A. The right to participate in earnings.…

A: Since there are multiple questions, we will answer only the first question. If you want the…

Q: The following are characteristics of a corporation except   Choices; It is an artificial being It…

A: Following are some key features of a corporation: Separate legal entity  Perpetual succession  An…

Q: Which one of the following is not an ownership right of a stockholder in a corporation? * O To vote…

A: Introduction: Stockholder: One who holds stocks of the corporation called as stockholder of the…

Q: What is the control requirement of § 351? Describe the effect of the following in satisfying this…

A: Sec. 351 allows a tax-free incorporation transfer if: a. The property must be transferred to a…

Q: When may a corporation sell, lease, exchange, mortgage, or pledge all or substantially all of its…

A: ‘’Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Which characteristic of a corporation limits a stockholder's loss to the amount of his or her…

A: One of the type of legal structure of business operation that declares the business as a separate,…

Q: Write T if the statement is correct and F if the statement is incorrect. On the space provided,…

A: Ans. F

Q: Which of the following facts would prevent an S corporation election?

A: Option A is Correct answer    Share issued and paid up only such shareholders have the right to vote…

Q: What is the effect on a corporation when it goes bankrupt?

A: Bankrupt happens when the corporation has insufficient funds to pay off the liability (or when it is…

Q: What if half of the voting stock is owned by another corporation which is not a close corporation,…

A: Voting stock: Percentage of stock that gives right to the holder to vote in the meetings is known as…

Q: How do you differ a public corporation from a private corporation? give examples-names, purpose or…

A: Corporation- A corporation is a legal entity with the identity of a legal person that was formed by…

Q: If the corporation intends to shorten its life, what is the remedy of the corporators?   Amend the…

A: Corporation means a large company or groups of companies authorized to act as a single entity. Every…

Q: A corporation incurred liabilities to its suppliers. The suppliers filed a case against the board of…

A: Lets understand the basics. Company or corporation kind of structure are structure in which company…

Q: What requirments are imposed on publicly traded corporations by the Sarbanes-Oxley Act?

A: Fraud: It is the intentional misrepresentation of facts or information for the motive of personal or…

Q: If a corporation merges, what company's articles of incorporation and bylaws will be used?

A: Merger takes place when two or more firms or corporation join hands together to run a common…

Q: Which of the following statements is CORRECT?    One drawback of forming a corporation is that it…

A: The corporation is a category of business that is formed by the law of the country and is considered…