Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. under the corporate form of business organization:

Under the corporate form of business organization: A. a stockholder is personally liable for the...

60.1K

Verified Solution

Question

Accounting

Under the corporate form of business organization: A. a stockholder is personally liable for the debts of the corporation.

B. the corporation's life is stipulated in its charter.

C, stockholders wishing to sell their corporation shares must get the approval of other stockholders.

D. stockholders' acts can bind the corporation even though the stockholders have not been appointed as agents of the corporation.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Coal is carried from a mine in West Virginia to a power plant in New York...

Statistics
Q

An object has a measured volume of 800 cm3. It is tied to a string and...

Physics
Q

11 15 8 12 Compare and contrast the evolutionary mechanisms of genetic drift and natural...

Biology
Q

Suppose a simple random sample of size n 50 is obtained from a population whose...

Statistics
Q

The account Discount on Notes Payable: Question 36 options: is a contingent liability account. is...

Accounting
Q

Cost Pools Cost Drivers ...

Accounting
Q

On January 1, All City Services has the following balances: Accounts Receivable -$22,000...

Accounting
Q

Weekly Assignment - Chapters 7 and 8 Part 1: Goodwill Blue Incorporated purchased Yellow Company...

Accounting
Q

please help!! Required information The following information applies to the questions displayed...

Accounting
Q

PLEASE HELP Bramble Corporation is authorized to issue both preferred and common stock....

Accounting
Q

The Johnson Research Organization, a nonprofit organization that does not pay taxes, is considering buying...

Accounting
Q

4. Jefferson Products Inc. is considering purchasing a new automatic press brake, which costs $300,000...

Finance