steps in company registration, the nature of legal &corporate personality the enactment of status for enforcing pre-incorporation contracts and the nature of legal and corporate personality
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A: Threat of takeover is defined as the fear of acquiring firm by others among the management of the…
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A: Corporate law, also known as company law or business law, is a branch of legal practice that governs…
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A: Sole proprietorship is a type of business ownership where all the ownership and control lies in the…
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A: The Companies Act outlines the legal framework and regulatory requirements that companies must…
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Q: On January 1, 2020 Alan made an interest-free loan of $200,000 to his son who used the loan to buy a…
A: Since here the beneficiaries of trust got the rights for withdrawal annually , the premium…
Q: Why would a business support allowing a transfer of rights or duties to third parties?.
A: Transferring rights or duties to third parties is a common method for businesses to increase…
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A: Vicarious liability is the liability that lays with another person because of the acts of his/her…
Q: Explain limited-liability company (LLC).
A: The structure of business varies depending on factors like the business scale of operation,…
Q: Under what circumstances can a partner be expelled from a partnership?
A: The Partnership Act is a legal statute or legislation that governs the formation, operation, and…
Q: With respect to foreclosure, give the reason you agree or disagree with the statements below: a. A…
A: Foreclosures refer to a legal process in which attempts are made for recovering a loan balance from…
Q: Which of the following statements is correct regarding a limited partnership?
A: Correct statements regarding a limited partnership:
Q: Conclusion of Business Intelligency for report writting
A: Taking everything into account, BI has changed how organizations can settle on future choices.
Q: In view of the many advantages that the law affords to business corporations and similar entities…
A: Without the support of government and law it would have been very difficult for the corporate…
Q: define and summary with content ENTREPRENUERSHIP
A: Entrepreneurship is a concept or process of taking risks and coordinating various activities to earn…
Q: How are corporate by laws established, and what should they include?
A: Corporate bylaws are important legal documents that explain the rules and regulations that regulate…
Q: Which legal form of business will allow the perpetual operation of a business? Choose one answer.…
A: At the point when you start a business, you should choose a lawful structure for it. Normally you'll…
Q: 27. In a business formation, profits and losses are "passed through" the business to each member: A.…
A: Ans - 27 - D. is correct , that is , general partnership In a general partnership , business…
Q: List the key statutory requirements that must be met before a corporate formation is tax-deferred…
A: Note: As per bartleby guidelines in case multiple questions are asked by the students and the…
Q: Directors may leave the service of a board in several ways, Describe the main ways in which the…
A: There are different organizations and industries that are active these days. There are different…
Q: Business law - Describe .. What are the essential elements of a valid contract?
A: Contract law is a legal framework that governs the formation, interpretation, enforcement, and…
Q: What are the rules regarding the expulsion of a partner from the partnership?
A: A partnership is a legal form of business organization where two or more individuals, called…
Q: Outline five duties of a Promoter in company law.
A: In the expansive realm of corporate affairs, a promoter, within the broader business milieu,…
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A: Automobile insurance is insurance that aims to protect vehicle owners from the damages caused to…
Q: 1. Which of the following is an advantage of partnerships? a. Each partner has limited…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: To form an S Corporation, the company must first organize as a domestic corporation in a state and…
A: Corporate law is a specialized branch of business law dealing with the legal framework governing…
Q: Distinguish between a member-managed limited liability company and a manager-managed limited…
A: A limited liability company is a business structure. Under a limited liability company, the owners…
Q: True or False Since articles of incorporation provisions are intramural in nature and are not meant…
A: Articles of incorporation - They are legal documents that are filed with the government to create a…
Q: Explain limited-liability partnership (LLP).
A: A partner is a participant in a partnership. It is an entity in which both the profits or losses of…
Q: The fiduciary duties of partners have been incorporated into which sections of the Partnership Act…
A: Partners in a business have a special relationship with each other, based on trust and confidence.…
Q: HanapCorporation, a non-stock corporation which owns and operates a memorial park was sued by the…
A: Shares are the units of capital of the company which is held or bought by general public and then…
Q: Quincy forms a manufacturing corporation, the Fabri-Q Co. (Fabri-Q). He is the sole shareholder. He…
A: In a legal context, personal liability refers to an individual's legal duty and obligation to face…
Q: In Salomon v Salomon it was held that following a proper incorporation, the company becomes a legal…
A: Please find the answer below.Separate legal personality :- A key concept in company law known as…
Q: Sayre learned that Adams, Boone, and Chase were planning to form a corporation for the purpose of…
A: Summary of the case- S sold his gas tank cap patent rights to A, B, and C for cash and shares in the…
Q: Examine special types of corporations, including S-corporations, limitedliability companies, and…
A: Business forms are elaborated as sole proprietorship, partnership, cooperation and cooperative…
Q: Theo, a member of TGI partnership, withdrew from the partnership and duly notified the other…
A: A Partnership Agreement is an agreement between at least two people who might want to manage and…
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A: The scope is a term utilized in the task of the board. Project Management includes the arranging and…
Q: Solve this question with steps please. The subject is legal environment of business (BUS 156).
A: Partnership is a form of business in which 2 or more partners come together to carry on some form of…
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