Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit. To Explain: Charter, by-laws and organizational costs.

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Answer 1

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Chapter 13, Problem 3Q

(a)

To determine

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit.

To Explain: Charter, by-laws and organizational costs.

(b)

To determine

To Explain: Corporation must be incorporated in the state in which its headquarters office is located.

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1: An employer in Cleveland, OH, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $5,000 and $12,000. During the current pay period, these employees earn $1,800 and $2,000, respectively. FUTA tax = $ 126.66 2: An employer in Nesconset, NY, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $6,900, $1,000, and $24,200. During the current pay period, these employees earn $2,400, $1,750, and $3,000, respectively. FUTA tax = $ 235.50 × 3: An employer in The U.S. Virgin Islands employs two individuals, whose taxable earnings to date (prior to the current pay period) are $8,500, and $3,400. During the current pay period, these employees earn $880 and $675, respectively. FUTA tax = $ 664.50 × 4: An employer in Cary, NC, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $5,900, $8,900, and $6,600. During the current pay period, these employees earn $940,…

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Answer 2

Question

Chapter 13, Problem 3Q

(a)

To determine

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit.

To Explain: Charter, by-laws and organizational costs.

(b)

To determine

To Explain: Corporation must be incorporated in the state in which its headquarters office is located.

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Answer 3

Question

Chapter 13, Problem 3Q

(a)

To determine

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit.

To Explain: Charter, by-laws and organizational costs.

(b)

To determine

To Explain: Corporation must be incorporated in the state in which its headquarters office is located.

Expert Solution & Answer

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Answer 4

Question

Chapter 13, Problem 3Q

(a)

To determine

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit.

To Explain: Charter, by-laws and organizational costs.

(b)

To determine

To Explain: Corporation must be incorporated in the state in which its headquarters office is located.

Expert Solution & Answer

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Answer 5

Chapter 13, Problem 3Q

(a)

To determine

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit.

To Explain: Charter, by-laws and organizational costs.

(b)

To determine

To Explain: Corporation must be incorporated in the state in which its headquarters office is located.

Answer 6

Chapter 13, Problem 3Q

(a)

To determine

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit.

To Explain: Charter, by-laws and organizational costs.

Answer 7

Chapter 13, Problem 3Q

(a)

To determine

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit.

To Explain: Charter, by-laws and organizational costs.

Answer 8

(b)

To determine

To Explain: Corporation must be incorporated in the state in which its headquarters office is located.

Answer 9

(b)

To determine

To Explain: Corporation must be incorporated in the state in which its headquarters office is located.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 13 - Prob. 1Q Ch. 13 - Prob. 2Q Ch. 13 - Prob. 3Q Ch. 13 - Prob. 4Q Ch. 13 - Prob. 5Q Ch. 13 - Prob. 6Q Ch. 13 - Prob. 7Q Ch. 13 - Prob. 8Q Ch. 13 - Prob. 9Q Ch. 13 - Prob. 10Q

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit. To Explain: Charter, by-laws and organizational costs.

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit. To Explain: Charter, by-laws and organizational costs.

To Explain: Corporation must be incorporated in the state in which its headquarters office is located.

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Chapter 13 Solutions

Formation of Corporation: Articles of incorporation or certificate of formation is filed with the secretary of state or the other liable authority, the birth of corporation takes place. It is formed for the purpose of profit or non profit.

To Explain: Charter, by-laws and organizational costs.