What are the consequences of a defective incorporation?


The possible consequences of a defective incorporation include the following:
(a) The state brings an action against the association for involuntary dissolution.
(b) The associates are held personally liable to a third party.
(c) The association asserts that it is not liable on an obligation; or
(d) A third party asserts that it is not liable to the association.

Business

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The extent to which a firm adjusts net income for changes in noncurrent assets and noncurrent liabilities in deriving cash flow from operations under the indirect method depends on the nature of its operations. Service firms will likely show a small amount of

a. subtraction from net income for capital expenditures. b. addback to net income for capital expenditures. c. subtraction from net income for depreciation expense. d. addback to net income for depreciation expense. e. addback to retained earnings for depreciation expense.

Business

What is a wiki? Describe the guidelines that need to be followed for wiki writing

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Research suggests that gender differences can be quite ____________, emerging in some studies but not others.

a. Inconsequential b. Inconsistent c. Consistent d. Consequential

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Indirect benefits are difficult to quantify because

a. their occurrence may be less certain b. indirect revenue enhancements result from direct benefits c. their dollar value cannot be determined d. the HRIS does not contain the necessary data

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