What is the reason why close corporations are not allowed to engage in mining or oil companies, stock exchanges, banks, insurance companies, public utilities, educational institution, and corporation to be vested with public interest?

Q: What limitations are S-corporations subject to?

A: S corporation is referred to as the corporation, which are treated regarding the federal tax…

Q: Which of the following is not a power held by a corporation's shareholders?   removal of corporate…

A: The organizations to meet their financial requirements, sell their stocks in the market. The…

Q: How do corporations go public and continue to grow

A: Private corporations go public because due to increasing operations they need to fulfill liquidity…

Q: Analyse the potential conflict of interest in modern corporations due to agency conflicts and their…

A: Conflict between shareholder and managers are called the agency conflict. This conflict occur…

Q: How does the audit of owners’ equity for a closely held corporationdiffer from that for a publicly…

A: Audit of owners equity for a closely held corporation is different from that of publicly held…

Q: Why do you think some private corporation choose to go public and why might others decide to remain…

A: The public markets were used to raise cash, which led to the creation of some of the biggest and…

Q: Is there any consequences if one person corporation (OPC) was not put before or at the end of a…

A: The one person company means a company formed with only one single person or a member.

Q: What is the reason for renewed interest in not-for-profits corporations?

A: Non-profit corporation  owners do not make a profit. The money of a not-for-profit organisation is…

Q: What would happen to the corporation if it failed to file by-laws? Would it dissolve the corporation

A: Meaning of Corporation: It refers to a legal entity which is distinct from its owners. Corporations…

Q: What is the control requirement of § 351? Describe the effect of the following in satisfying this…

A: Sec. 351 allows a tax-free incorporation transfer if: a. The property must be transferred to a…

Q: Which of the following is not a characteristic of a corporation? a.Corporations experience an ease…

A: corporation : it is a legal entity it is considered as separate person  it has rights and…

Q: Why do you think a single WACC is not applicable to all businesses in a corporation?

A: The W.A.C.C. or weighted average cost of capital determines the required rate of return of common…

Q: In the absence of restrictive provisions, what are the basicrights of stockholders of a corporation?

A:

Q: What are not-for-profit corporations?

A: Definition  A nonprofit corporation is a business that exists for the public welfare rather than for…

Q: Why do the basis and at-risk rules usually prevent the same amount of losses from passing through to…

A: An S Corporation is treated more like a partnership than a C Corporation. So, S Corporation is a…

Q: How does the Model Business Corporation Act affect the way corporations operate?

A: Corporation: A business concern where there is a separate legal entity, and are owned by…

Q: How do corporate governance ethics programs help avoid legal problems for corporations?

A: What is corporate governance ? The Corporate Governance  is the arrangement of rules, practices,…

Q: Do those who are unable or unable to operate under a conventional corporation's limitations have a…

A: Here is the answer:

Q: When a corporation is dissolved due to fraud, graft, and corruption, can innocent employees and…

A: Liabilities are referred, when the money is borrowed and there is obligation to pay that sum of…

Q: Why are corporations more difficult to form and subject to more government restrictions than the…

A: There are different forms of business formation. It depends upon the its formation like when a sole…

Q: Why are large corporations often said to be publicly owned?

A: A corporation is a legitimate substance that is isolated and unmistakable from its owners.…

Q: Which of the following is not an advantage of the corporate form of business? a. limited liability…

A: Corporate is a popular form of business for the large and small industry. These types of business…