Corporation Management: A business concern where there is a separate legal entity, and are owned by shareholders, are classified as corporation. However, the decisions of the business are taken by the board of directors elected by the shareholders. To explain: an advantage and a disadvantage of a corporation management.

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Answer 1

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Chapter 11, Problem 2Q

(a)

To determine

Corporation Management: A business concern where there is a separate legal entity, and are owned by shareholders, are classified as corporation. However, the decisions of the business are taken by the board of directors elected by the shareholders.

To explain: an advantage and a disadvantage of a corporation management.

(b)

To determine

To explain: two other disadvantages of a corporation.

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Answer 2

Question

Chapter 11, Problem 2Q

(a)

To determine

Corporation Management: A business concern where there is a separate legal entity, and are owned by shareholders, are classified as corporation. However, the decisions of the business are taken by the board of directors elected by the shareholders.

To explain: an advantage and a disadvantage of a corporation management.

(b)

To determine

To explain: two other disadvantages of a corporation.

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Answer 3

Question

Chapter 11, Problem 2Q

(a)

To determine

Corporation Management: A business concern where there is a separate legal entity, and are owned by shareholders, are classified as corporation. However, the decisions of the business are taken by the board of directors elected by the shareholders.

To explain: an advantage and a disadvantage of a corporation management.

(b)

To determine

To explain: two other disadvantages of a corporation.

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Answer 4

Question

Chapter 11, Problem 2Q

(a)

To determine

Corporation Management: A business concern where there is a separate legal entity, and are owned by shareholders, are classified as corporation. However, the decisions of the business are taken by the board of directors elected by the shareholders.

To explain: an advantage and a disadvantage of a corporation management.

(b)

To determine

To explain: two other disadvantages of a corporation.

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Answer 5

Chapter 11, Problem 2Q

(a)

To determine

Corporation Management: A business concern where there is a separate legal entity, and are owned by shareholders, are classified as corporation. However, the decisions of the business are taken by the board of directors elected by the shareholders.

To explain: an advantage and a disadvantage of a corporation management.

(b)

To determine

To explain: two other disadvantages of a corporation.

Answer 6

Chapter 11, Problem 2Q

(a)

To determine

Corporation Management: A business concern where there is a separate legal entity, and are owned by shareholders, are classified as corporation. However, the decisions of the business are taken by the board of directors elected by the shareholders.

To explain: an advantage and a disadvantage of a corporation management.

Answer 7

Chapter 11, Problem 2Q

(a)

To determine

Corporation Management: A business concern where there is a separate legal entity, and are owned by shareholders, are classified as corporation. However, the decisions of the business are taken by the board of directors elected by the shareholders.

To explain: an advantage and a disadvantage of a corporation management.

Answer 8

(b)

To determine

To explain: two other disadvantages of a corporation.

Answer 9

(b)

To determine

To explain: two other disadvantages of a corporation.

Answer 10

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Answer 11

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Answer 13

Ch. 11 - Prob. 1Q Ch. 11 - Prob. 2Q Ch. 11 - Prob. 3Q Ch. 11 - Prob. 4Q Ch. 11 - Prob. 5Q Ch. 11 - Prob. 6Q Ch. 11 - Prob. 7Q Ch. 11 - Prob. 8Q Ch. 11 - Prob. 9Q Ch. 11 - Prob. 10Q

To explain: two other disadvantages of a corporation.

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Chapter 11 Solutions