why does the stockholders and members not allowed to have a meeting outside the city where the corporation is located? What is the basis for this?

Q: If the corporate secretary is not present, and the corporation does not have an assistant secretary,…

A: Auditing means the inspection of financial accounts of the company to determine if the records are…

Q: What issue does agency theory examine? Why is it important in a public corporation rather than in a…

A: In agency theory, shareholders give manager the decision making authority over the firm, thus…

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: 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: I. The general rule is that every member of a non-stock corporation and every legal owner of shares…

A: Option (c) Both are true is correct.

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: Why can a stockholder have the right to inspect corporate books and records? Is this right absolute…

A: Stockholders:-Stockholders also known as the shareholders of the company. Stockholders includes a…

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: 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: Which of the following sell stock on an organized stock exchange such as the New York Stock…

A: Given: The sold stock on an organized stock exchange.

Q: In a public corporation, the agency conflict is: O the exploitation of the workers by the owners the…

A: Agency Conflict refers to Conflict between the agents and owners of the company  Agents refers to…

Q: What types of internal and external accounting reports will you use in the process of making…

A: Internal and External accounting reporting are the two types of reporting which includes the…

Q: Corporate officers are elected by the firm’s stockholders.;True or False

A: The persons who hold high-ranking positions within a corporation are known as corporate officers.…

Q: while investigating the shares offered to you by your potential boss, you discover that the company…

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

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

A: Meaning of Corporation: It refers to a legal entity which is distinct from its owners. Corporations…

Q: Which of the following would not be true of a privately held corporation? * It is sometimes called a…

A: Privately held corporation is also known as closely held corporation as its shares are held by small…

Q: Is there a reason why the books and records must be kept at the principal office of the corporation?

A: Maintainance of records of the corporation provides detailed information about the corporation’s…

Q: A.while investigating the shares offered to you by your potential boss, you discover that the…

A: As per the Securities Act of 1933, if the company fails to register under this act then it hinders…

Q: True/False. A shareholder of a corporation must always be physically present at an annual…

A: During a shareholders meeting, it is necessary for the quorum set for the shareholders to be…

Q: What if the chairman and president of the corporation are not around, and the bylaws did not provide…

A: The laws says that in the absence of chairman and president of the corporation , any one from the…

Q: Which of the following sell stock on an organized stock exchange such as the New York Stock…

A: Stock exchange: Stock exchange is the place where securities bought and sold by the investors. The…

Q: Why do you think a single WACC is not applicable to all businesses in a corporation?

A: The W.A.C.C. or weighted average cost of capital determines the required rate of return of common…

Q: Why there is a need to have a provisional director? What is his role in settling the occurrence of…

A: Provisional Director is appointed by the Superior Court of a country. There are two conditions in…

Q: Why is it that a President of a One Person Corporation cannot be at the same time be the Treasurer…

A: OPC stands for One Person Corporation which is defined as the single stockholder corporation who…

Q: true or false.a. The policy-making body in a corporation is called the board of directors

A: Board of directors: The team of elected individuals who represent to shareholders and establish…

Q: What is the difference between a chairman of the board and a president of a bank? Give example if…

A: The chief executive officer of a business corporation, chosen by its board of directors and…

Q: A large, listed business has become the target of a shareholder activist. What steps should the…

A: Listed is a term that describes a company that is included and on a given stock exchange so that…

Q: Having one person holding the position of the CEO and Chairman in a corporation can bring about…

A: TRUE

Q: What would happen or what will the possible scenarios be for the employees and shareholders of a…

A: The Securities Act,1933 was introduced in the year 1933 with the objective of providing protection…

Q: How do corporate governance ethics programs help avoid legal problems for corporations?

A: What is corporate governance ? The Corporate Governance  is the arrangement of rules, practices,…

Q: Do those who are unable or unable to operate under a conventional corporation's limitations have a…

A: Here is the answer:

Q: Who are potentially the most effective instrument of good governance of a corporation? a. Government…

A: Corporate governance is the team which formulates, checks and implements rules and regulation of the…

Q: Which of the following is NOT true about managing nonprofit corporations? Multiple Choice They are…

A: The correct answer for the above mentioned question is given in the following steps for your…

Q: What is an important reason business owners choose the election for s corporation status.

A: S corporation is kind of like C Corporation, which provides opportunities for investment, perpetual…

Q: Which are rights of common stockholders? Check all that apply: The right to a share of dividends…

A: Common stock holders are the true owner of business corporation. They are also called residual…

Q: What issue does agency theory examine? Why is it important in a public corporation rather than in a…

A: Agency theory states the fiduciary duty of management towards the shareholders. The duty is to…

Q: e way they account for business-type activities, such as dining halls, gift shops, and admission…

A: Non profit organizations are more important to not-for-profit organisations than development…