General subchapter a - Study guides, Class notes & Summaries

ETH/321T Week 2 Practice Questions with Verified Solutions What is the definition of a foreign corporation? A business formed in a different state What is the definition of a Subchapter S corporation? A business that passes profits directly to shareholders Wade and Hunter want to start a business. They have a large amount of capital. They have a good working relationship and believe they will do well sharing management responsibility and in sharing profits. They are happy to be organ...

ETH 321 - DL Week 2 Practice Assignment Questions with Verified Solutions What is the definition of a foreign corporation? A business formed in a different state What is the definition of a Subchapter S corporation? A business that passes profits directly to shareholders Wade and Hunter want to start a business. They have a large amount of capital. They have a good working relationship and believe they will do well sharing management responsibility and in sharing profits. They ar...

NASCLA Business Law and Management Exam Questions With 100% Correct Answers | Latest Update 2024/2025 | Rated A+. Sole Proprietorship - Correct Answer-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Correct Answer-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Correct Answer-Corporations that have no restrictions on who owns their shares or the number o...

Sole Proprietorship - a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation S corporation - A unique government creation that looks li...

NASCLA Business Law and Management Exam Sc Questions With 100% Correct Answers 2024 Sole Proprietorship a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subj...

Texas Real Estate Agent A person who is licensed through TREC. Texas Real Estate Commission Does a person who manages, buys, sells, leases, or rents their own property have to be licensed through TREC? No. There are two types of licenses: broker's and salesperson's license What is the most popular division of the real estate market? Residential real estate because there are more transactions in residential in other forms of real estate. Residential brokerage in...

Sole Proprietorship correct answers a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships correct answers Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations correct answers Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation S corporatio...

ENT 2113 Final Exam Study Guide | 100% Correct | Verified | 2024 Version A business can obtain liability insurance, which helps protect the business against lawsuit judgments. - True Bonding is a type of insurance in which the business is covered in case the workers cause any damage in the performance of their work. - True In a Subchapter C Corporation, it is possible to have a double taxation situation. - True The insurance coverage obtained by a small business is directly proporti...

NASCLA Business Law And Managment Exam Sc Final Sole Proprietorship - CORRECT ANSWER-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - CORRECT ANSWER-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - CORRECT ANSWER-Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax tr...

NASCLA Business Law and Managment EXAM SC Questions with Correct Answers Sole Proprietorship - answera business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - answerBusiness organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - answerCorporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are s...