Shares of stock are issued to members of a limited liability company.
Answer the following statement true (T) or false (F)
False
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Which of the following is NOT a duty/function that bankruptcy judges perform?
a. Approve reorganization plans b. Conduct hearings and trials to resolve disputes c. Appoint fraud examination firms to conduct audits d. Award professional fees e. Bankruptcy judges perform all of the above functions
Ryan and Peter share profits in the ratio 3:2. They have decided to liquidate the partnership. The furniture and the equipment were sold at a cumulative loss of $4000. The accounts receivable were collected in full and the other assets were written off as worthless. The accounts payable and other liabilities were paid off at book value. The firm's accountant distributed the remaining cash between Ryan and Peter equally. However, Peter initiated a lawsuit claiming that his share was greater than Ryan's. How much should Peter have received?
The balance sheet of Ryan and Peter's partnership as of December 31, 2018, is given below.
A) $20,500
B) $19,200
C) $21,800
D) $23,200
The moral dimension of the authentic leadership approach is considered ______.
A. both a strength and an area of criticism B. unnecessary because leader morality has no impact on followers C. relevant only to leadership in the civic sector D. a source of several authentic leadership training programs
Edward is paid $5 an hour less for doing a job that requires an equal level of skill, effort, and responsibility as a job performed by Elizabeth. Both Edward and Elizabeth perform under similar working conditions. Edward’s lower pay could be a violation of the ______.
A. Americans with Disabilities Act B. Executive Order 11246 C. Equal Pay Act D. Immigration Reform and Control Act