3 Which of the following characteristics of a corporation limits a stockholder's loss to the amount of his or her investment in the stock of the corporation? This is the simplest form of ownership for a sole owner and requires little more than a tax ID number. If the entrepreneur individually unable to take up the business because of shortcomings attached to sole proprietor form of business, he may go for partnership form of business nose characteristics or essential features Weegy: Some animals that live in the desert don't move often, if at all, during the day in order to conserve water and energy. A. Max Weber was interested in formulating exact rules of behaviour for German managers. 0 0 1 Answer Who doesn't love being #1? Question: Which of the following characteristics best describes a corporation? It is often taxed differently than a foreign corporation, and may be required to … a. Sometimes these groups are called, Special Interest Groups., City, nation, political party, trade union etc. High availabilityD . Mutual agency B. An advantage of the corporation is the separation between the owners of the corporation (the stockholders) and the managers of the corporation. A business with a single owner b. Equal to the business’ liabilities less the business’ assets B. The prior quarter’s dividend was $1.00 per share. The 5 Main Characteristics of Proprietorship. ScalabilityC . Voluntary Association: A company is a voluntary association of two or more persons. a. a mood b. an ability c. a trait d. a behavior 8. Starting a business is a big commitment of time, resources, and money. Business is one and the same as the owner b. Is not taxed c. Stockholders not personally liable for entity’s debts d. … are the bright examples of secondary groups. 1. Which of the following best describes why publicly traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. Which of the following characteristics BEST A specific component of personality that describes particular tendencies a person has to feel, think, and act in a certain way is _____. 1) Match each of the following forms of business organization with a set of characteristics: sole proprietorship (SP), partnership (P), corporation (C). A characteristic of poodles is their pom-pom like tails. Which of the following characteristics best describes a corporation? a. A. A business with a single owner b. Such improvement focuses on Facebook’s mission and vision statements . A. While a minimum of seven persons are required to […] ElasticityB . Which of the following statements BEST describes the distinction between a not-for-profit corporation and a for-profit corporation? Be the first to … A characteristic of classical-style architecture is large stone columns. Express card 34 and Express card 54), which of the following BEST describes what the numbers indicate? Domestic Corporation: A domestic corporation is a company that conducts its affairs in its home country. (a) Shared control, tax advantages, increased skills and resources. A single person cannot constitute a company. Secondary group is a large group in which a large number of persons come into indirect contact with one another. Answer to 10. A government, corporation, or other entity that needs to raise cash will borrow money in the public market and subsequently pay interest on that loan to investors. Both corporations can have more than 100 shareholders. MGT 500 Final Exam Solution Week 11 – Perfect ScoreFollow the link below to purchase solution us if you need help with assignments, quizzes, exams and problems. B. As a new business owner, you have choices to make, including picking a legal structure for your enterprise. Each bond has a certain par value (say, $1,000) and pays a coupon to investors. Which of the following characteristics best describes a corporation? Redundancy View Answer Answer: A Perhaps more than or equal to considerations such as a business plan, identification of measurable objectives, location, and name, how the business is structured is of utmost importance. ADVERTISEMENTS: Some of the most important characteristics of a company are as follows: 1. Choosing from all the different business structures-- LLC, partnership, sole proprietorship, or corporation -- for your business can be difficult and will depend on your preferences and the type of your business. Which of the following statements describes the same characteristics for both an S corporation and a C corporation? Learn more about business structures such as LLCs, partnerships, sole proprietorships, or corporations and other legal topics for small businesses and individuals at FindLaw.com. When establishing a “business entity”, […] a. Characteristics of a Partnership Partnership Accounting Corporations Accounting for Stock Transactions Dividends Stock Splits The Balance Sheet: Stockholders' Equity Income Statement Characteristics of a Corporation a. This seasonal behavior is best described as Animal Survival. In a corporation where compute utilization spikes several times a year, the Chief Information Officer (CIO) has requested a cost-effective architecture to handle the variable capacity demand. Size of … The Sintar Corporation has just announced that it will pay $1.10 per share in dividends to its stockholders in the current quarter. In a corporation where compute utilization spikes several times a year, the Chief Information Officer (CIO) has requested a cost-effective architecture to handle the variable capacity demand. What characteristics best describes a corporation? Which of the following set of characteristics accurately describes the phylum cnidaria A. radial symmetry with only two germ layers and one digestive openingB. The basic characteristics of a general partnership include group ownership, personal liability, decentralized management and pass-through federal income taxation. A. Facebook Inc. describes its corporate culture as a hacker culture, which pushes employees to strive for improvement. ). Limited liability of owners for business matters is the primary benefit that is available under other business structures, but it is not characteristic of a general partnership. 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