Business, 07.05.2021 03:10 jalenJohnson6t

Under the Model Business Corporation Act's liability rules for defective incorporation: a. liability will never be imposed on promoters/incorporators who participate in management and policy decisions. b. the filing of articles of incorporation, evidenced by the return of the copy stamped by the secretary of state, is insufficient proof of de facto incorporation. c. the issuance of the certificate of incorporation is conclusive proof of incorporation to the corporate status except for a quo warranto action. d. managers will be released from any liability in excess of their initial investment.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 04:00

The simple interest in a loan of $200 at 10 percent interest per year is

Answers: 2

Answer

Business, 22.06.2019 12:50

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Answers: 2

Answer

Business, 22.06.2019 16:10

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?

Answers: 1

Answer

Business, 22.06.2019 19:20

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.

Answers: 2

Answer

You know the right answer?

Under the Model Business Corporation Act's liability rules for defective incorporation: a. liability...

Questions