The corporation is domiciled in the state in which
A. it transacts the majority of its business.
B. it holds its meetings of the board of directors.
C. the corporation’s articles of incorporation are filed.
D. the corporation’s principal office is located.
C. the corporation’s articles of incorporation are filed.
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Which of the following capital budgeting methods might not consider the salvage value of a machine being considered for purchase?
A) Internal Rate of Return B) Net present value C) Payback D) Profitability Index
An employer violates Section 8(a)(2 ) when he/she creates a union that allows:? A) ?employees to collectively bargain
B) management to retain complete control.? C) employees to retain control.? D) the National Labor Relations Board to retain complete control.
All of the following statements regarding leases are true except:
A) For a capital lease the lessee records the leased item as its own asset. B) For a capital lease the lessee depreciates the asset acquired under the lease, but for an operating lease the lessee does not. C) Capital leases create a long-term liability on the balance sheet, but operating leases do not. D) Capital leases do not transfer ownership of the asset under the lease, but operating leases often do. E) For an operating lease the lessee reports the lease payments as rental expense.
Risks that affect only a single firm are called:
A. risk premiums. B. specific risks. C. market risks. D. systematic risks.