Rural Residential Development Company and Suburban Real Estate Corporation form a joint stock company. A joint stock company can be formed for, at the most,?
A) an implied duration of not more than six months

B) a perpetual existence.
C) a single activity or transaction.
D) a stated duration of not more than one year.


B

Business

You might also like to view...

Why are adjustments often necessary after the reconciliation of a bank account?

Business

The electronic bill presentment and payment allows bills to be presented automatically, directly from the companies' information systems to payers' email addresses, and therefore save labor, paper, and postage.

Answer the following statement true (T) or false (F)

Business

Instead of ruling the table horizontally or vertically, it is suggested that ________ be used to set off data items

A) white spaces B) leaders C) stubs D) hyphens E) asterisks

Business

A written contract that cannot, by its own terms, be performed within one year from the day after its formation is enforceable.

Answer the following statement true (T) or false (F)

Business