Majority shareholder - Study guides, Class notes & Summaries

Considerations for choosing BUSINESS ENTITIES correct answers -TAXES: different entities have different tax structures -PERSONAL LIABILITY: possibility of losing personal assets to pay business debts SOLE PROPRIETORSHIP correct answers -1 person -No separate legal entity -Majority of U.S. businesses -No double tax -Unlimited personal liability PARTNERSHIPS correct answers -Distinct legal entity -Limited partners get limited liability -General partners have unlimited liability -No ...

MRL2601 ASSIGNMENT 2 SEMESTER 2 - 2024 UNIQUE NUMBER: 867625 DUE DATE: 20 SEPTEMBER 2024 QUESTION 1 Johannes, Phineas and Beauty are Mnandi CC’s members. Beauty has discovered that Phineas concluded a contract on behalf of Mnandi CC for the purchase of a yacht without consent of any of the other members. She is of the opinion that Mnandi CC should not be bound to the contract because the corporation’s main business is catering. In addition, she shows you the association agreement w...

UCE OCC Exam (Deck 3) Questions & Answers 2024/2025 Is it required for every bank to have a written policy regarding insider transactions - ANSWERSyes What law governs loans to executive officers for banks - ANSWERS12 USC 375a What law governs extensions of credit to executive officers, directors, and principal shareholders - ANSWERS12 USC 375b What is the main regulation governs insiders (reg o) - ANSWERS12 CFR 215 What regulation does the OCC have that governs extensions of cr...

distributions Pros and cons of preferred shareholders - answerPros- receives dividends and dissolution first Cons- no right to vote Shareholder Derivative Action - answerWhen someone has harmed a company and the company hasn't done anything- a shareholder can stand in place of the company and sue that person on behalf of a company AFTER they have made demand for action What is a prerequisite before someone can file shareholder derivative action? - answerHAVE TO MAKE DEMAND OF THE CORPOR...

#2024 Corporate Finance Exam 2 Correct Answers Included Q. Under the stakeholder theory, corporate governance is most consistent with a system of: internal controls and procedures by which individual companies are managed. defined roles for management and the majority shareowner(s). checks and balances to minimize the conflicting interests among shareowners. *Ans* A is correct. Corporate governance is the system of internal controls and procedures by which individual companies are mana...

CFA ESG Exam Questions With Verified And Updated Solutions. Which of the following investment approaches is most likely to be at risk of short-termism? A.) ESG Investing B.) Impact Investing C. Conventional Investing - answerConventional Investing Which of the following types of responsible investments is focused on the bottom of the pyramid (BOP)? A.) Green bonds B.) Microfinance bonds C.) Funds investing in smart grid technology - answerMicrofinance bonds According to the Stockholm ...

Dealer correct answers Transacts business for its own account Broker correct answers Transacts business for others CRD correct answers Provides registration info regarding Bkr/dlrs and registered persons Non-registered person correct answers Cannot solicit order for new accts, provide investment advice, make recommendations, give pricing info, or execute transactions ADV (Investment Adviser Registration) Part I correct answers Name, # of employees, background of partners, how the adv...

Conduct can be clearly unethical and morally reprehensible, but still be legal. a. True b. False correct answers a. True The majority of employees say that they would leave their current position to work for a company with a good reputation. a. True b. False correct answers a. True The Dodd-Frank Act requires public companies to disclose the compensation ratio between CEOs and other employees. a. True b. False correct answers b. False When deciding whether to implement a busine...

Closely Held Organizations - correct answer small group of people (like family owned) Publicly Held Organization - correct answer A corporation that may have thousands of stockholders and whose stock is regularly traded on a national securities exchange. basic forms of business organizations - correct answer 1. Sole Proprietorship 2. Partnership 3. Corporation hybrid forms of business organizations - correct answer -limited partnerships -s corporations -limited liability companies ...