Discuss how a corporation is terminated
?Ordinarily, terminating a corporation is a three-step process. First, the directors recommend to the shareholders that the corporation be dissolved, and a majority of the shareholders agree. Second, the corporation files "Articles of Dissolution" with the Secretary of State. Third, the officers of the corporation pay its debts and distribute the remaining property to shareholders. When this winding up is completed, the corporation ceases to exist. Alternatively, the Secretary of State may dissolve a corporation that fails to comply with state requirements or a court may dissolve a corporation if it is insolvent or if its directors and shareholders cannot resolve conflict over how the corporation should be managed.
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Scanner data that provides information on purchases by brand, size, price, and flavor or formulation are called ________
A) segmenting data B) volume-tracking data C) secondary data D) modular data E) audiologs
Data should be arranged in a table to emphasize the most ________
A) expensive aspect of the data B) current aspect of the data C) significant aspect of the data D) reliable aspect of the data E) expensive part of the project
For available-for-sale investments, state
• Reporting method used • How unrealized holding gain or loss is reported • Balance sheet effects • Income statement effects Available-for-Sale Investments: Reporting method used How unrealized holding gain or loss is reported Balance sheet effects Income statement effects What will be an ideal response
Oxtron, Inc substantially performed its obligations under a service contract. Oxtron is entitled to receive A)the full contract price
B)substantially nothing. C)the fair market value of its performance. D)the full contract price minus the value of the defects.