Exam 4: Choosing a Form of Business Ownership

Prudential and several other large insurance companies have joined together to underwrite an extremely large insurance policy.This sort of association is referred to as a(n)

(Multiple Choice)

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Question 161

In the state in which it is incorporated,a business is known as a(n)

(Multiple Choice)

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Question 162

Preferred stockholders receive dividends before dividends are paid to common stockholders.

(True/False)

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Question 163

Lucas has been saving his excess funds for several years and has contemplated entering a partnership with a friend from college.Lucas hesitates because he knows that it is to invest money in a partnership and to get the money back out.

(Multiple Choice)

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Question 164

The form of business organization that comprises about 18 percent of all businesses in the United States is the

(Multiple Choice)

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Question 165

At one time,AT&T and T-Mobile wanted to merge but were prevented from doing so by the Justice Department.The government maintained that to permit the merger would eliminate choices for the consumers because these companies represented the majority of the cell phone service industry. What is the name given to this kind of merger?

(Multiple Choice)

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Question 166

A corporation chartered in Texas and doing business in Texas is known as a domestic corporation.

(True/False)

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Question 167

A corporation chartered in Mexico and doing business in the United States is known as a foreign corporation in the United States.

(True/False)

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Question 168

Quarrels among business associates have become common.The associates quarrel over what products the firm should sell,division of authority,selection of personnel,whether to bring family members into the business,whether to expand,and who is contributing most to the firm's success.Such feuding,which damages business relationships,occurs most frequently in what form of business?

(Multiple Choice)

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Question 169

Habitat for Humanity and Girl Scouts are both examples of

(Multiple Choice)

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Question 170

Which of the following is necessary for starting a sole proprietorship?

(Multiple Choice)

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Question 171

Julio decides his business will begin staying open until 7 p.m.instead of 6 p.m.The next day,the shop stays open until 7 p.m.This environment of flexibility to quickly change is characteristic of what form of business organization?

(Multiple Choice)

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Question 172

A common tactic of corporate raiders is to start a proxy fight.

(True/False)

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Question 173

Shareholders of an S-corporation are taxed as if they were owners in a partnership.

(True/False)

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Question 174

The purchase of one corporation by another is called a merger.

(True/False)

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Question 175

Ernesto,Juan,and Jesus have been friends since elementary school.After graduating from college with degrees in accounting,they started a partnership for the purpose of providing tax preparation,accounting,and auditing services to the public.Before the end of the first year,the partners had a disagreement regarding the division of labor,the size of accounts they should seek,and whether to provide certified audits or reviewed statements only.Which of the following best represents the problem they are experiencing?

(Multiple Choice)

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Question 176

All of the following are disadvantages of corporations except

(Multiple Choice)

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Question 177

Financial experts agree that takeovers enhance corporate profitability and productivity.

(True/False)

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Question 178

Jonathan inherited a large amount of money from his uncle.Jonathan wishes to start his own business,and his lawyers encourage him to make it a corporation.What disadvantage of a sole proprietorship are the lawyers trying to avoid?

(Multiple Choice)

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Question 179

A distribution of earnings to the stockholders of a corporation is a(n)

(Multiple Choice)

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Question 180

Showing 161 - 180 of 221

Prudential and several other large insurance companies have joined together to underwrite an extremely large insurance policy.This sort of association is referred to as a(n)

In the state in which it is incorporated,a business is known as a(n)

Preferred stockholders receive dividends before dividends are paid to common stockholders.

Lucas has been saving his excess funds for several years and has contemplated entering a partnership with a friend from college.Lucas hesitates because he knows that it is to invest money in a partnership and to get the money back out.

The form of business organization that comprises about 18 percent of all businesses in the United States is the

A corporation chartered in Texas and doing business in Texas is known as a domestic corporation.

A corporation chartered in Mexico and doing business in the United States is known as a foreign corporation in the United States.

Habitat for Humanity and Girl Scouts are both examples of

Which of the following is necessary for starting a sole proprietorship?

Julio decides his business will begin staying open until 7 p.m.instead of 6 p.m.The next day,the shop stays open until 7 p.m.This environment of flexibility to quickly change is characteristic of what form of business organization?

A common tactic of corporate raiders is to start a proxy fight.

Shareholders of an S-corporation are taxed as if they were owners in a partnership.

The purchase of one corporation by another is called a merger.

All of the following are disadvantages of corporations except

Financial experts agree that takeovers enhance corporate profitability and productivity.

Jonathan inherited a large amount of money from his uncle.Jonathan wishes to start his own business,and his lawyers encourage him to make it a corporation.What disadvantage of a sole proprietorship are the lawyers trying to avoid?

A distribution of earnings to the stockholders of a corporation is a(n)

Exploring the World of Business and Economics

Ethics and Social Responsibility in Business

Global Business

Small Business,Entrepreneurship,and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees

Building Customer Relationships Through Effective Marketing

Creating and Pricing Products That Satisfy Customers

Distributing and Promoting Products

Exploring Social Media and E-Business

Using Management and Accounting Information

Mastering Financial Management

Understanding Personal Finances and Investments

Enhancing Union-Management Relations

Risk Management and Insurance

Business Law regulation and Taxation

Filters

Exam 4: Choosing a Form of Business Ownership

Prudential and several other large insurance companies have joined together to underwrite an extremely large insurance policy.This sort of association is referred to as a(n)

In the state in which it is incorporated,a business is known as a(n)

Preferred stockholders receive dividends before dividends are paid to common stockholders.

Lucas has been saving his excess funds for several years and has contemplated entering a partnership with a friend from college.Lucas hesitates because he knows that it is ____ to invest money in a partnership and ____ to get the money back out.

The form of business organization that comprises about 18 percent of all businesses in the United States is the

A corporation chartered in Texas and doing business in Texas is known as a domestic corporation.

A corporation chartered in Mexico and doing business in the United States is known as a foreign corporation in the United States.

Habitat for Humanity and Girl Scouts are both examples of

Which of the following is necessary for starting a sole proprietorship?

Julio decides his business will begin staying open until 7 p.m.instead of 6 p.m.The next day,the shop stays open until 7 p.m.This environment of flexibility to quickly change is characteristic of what form of business organization?

A common tactic of corporate raiders is to start a proxy fight.

Shareholders of an S-corporation are taxed as if they were owners in a partnership.

The purchase of one corporation by another is called a merger.

All of the following are disadvantages of corporations except

Financial experts agree that takeovers enhance corporate profitability and productivity.

Jonathan inherited a large amount of money from his uncle.Jonathan wishes to start his own business,and his lawyers encourage him to make it a corporation.What disadvantage of a sole proprietorship are the lawyers trying to avoid?

A distribution of earnings to the stockholders of a corporation is a(n)

Exploring the World of Business and Economics

Ethics and Social Responsibility in Business

Global Business

Small Business,Entrepreneurship,and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees

Building Customer Relationships Through Effective Marketing

Creating and Pricing Products That Satisfy Customers

Distributing and Promoting Products

Exploring Social Media and E-Business

Using Management and Accounting Information

Mastering Financial Management

Understanding Personal Finances and Investments

Enhancing Union-Management Relations

Risk Management and Insurance

Business Law regulation and Taxation

Filters

Lucas has been saving his excess funds for several years and has contemplated entering a partnership with a friend from college.Lucas hesitates because he knows that it is to invest money in a partnership and to get the money back out.