What are the benefits of being a corporation rather than a partnership?
What will be an ideal response?
The advantages of the corporate entity include perpetual existence. The death of a shareholder, director, or officer will not affect the existence of the corporation. Shareholders are generally not liable for the debts and obligations of the corporation. The shares of a corporation are freely transferrable.
You might also like to view...
Generally, if there is doubt or ambiguity in a noncompete agreement,courts will construe it against an employer and in favor of the employee.?
Answer the following statement true (T) or false (F)
Second parent adoptions do not allow:
A. One member of a same-sex couple to file for co-parent status. B. Co-parenting between a same-sex couple and the biological mother. C. For a same-sex partner to make decisions on behalf of the child. D. Financial support to be required of the same-sex partner.
Graphics programs are used to create graphics for presentation either as:
a. part of a graphics presentation or part of a summary of events. b. stand-alone graphics or as a series of documentation. c. stand-alone evidence or as part of all of the evidence being presented. d. stand-alone graphics or as part of a graphics presentation.
An effective paragraph is a grouping of related sentences that flow logically and that address one idea
Indicate whether the statement is true or false