Which of the following is untrue regarding closely held corporations?
A) Most corporations in the U.S. are closely held.
B) In most states, closely held corporations are subject to the general incorporation statute governing all corporations.
C) Shareholders usually have little voice in the management and control of the business.
D) Some states have enacted special legislation to accommodate the needs of closely held corporations.
C
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Statutes often establish duties owed by one person to another.
Answer the following statement true (T) or false (F)
Lucy has recorded her weekly lecture to deliver to her students in their online classroom. This type of business presentation is called a(n) ________
A) impromptu speech B) webinar C) briefing D) keynote address
Which kind of risk taking requires that a company borrow heavily or commit a large portion of its resources in order to grow?
A. personal risk taking B. technological risk taking C. business risk taking D. financial risk taking
[The following information applies to the questions displayed below.] Northern Corporation invested $800 cash in South Company stock.Which of the following describes the effects of this transaction on the elements of Northern Corporation's books? Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt ofCash FlowsA.?=++NANA?-=??IAB.+=NA++NA?NA=NA+FAC.NA=NA+NA+?NA=+?FAD.+/?=NA+NANA?NA=NA?IA
A. Option A B. Option B C. Option C D. Option D