Why Shareholders Are Not the Owners of Corporations, Or Berle and Means Revisited: Reappraisal and Critique in Light of Contemporary ChangesCoriat, Benjamin
C) The owners of a sole proprietorship share profits as established by the partnership agreement. D) The profits of a sole proprietorship are taxed twice. E) A sole proprietorship is difficult to create. 18) Sole proprietorships A) are expensive to set up. B) create unlimited liability...
17. Owners of a corporation are called shareholders or stockholders. 18. In the partnership form of business, the owners are called stockholders. 19. The balance sheet shows a company’s net income or loss due to earnings activities over a period of time. 20. The Financial Accounting ...
-represents the ownership of corporations. The owners of the common stock of a firm are the owners of the firm. The extent of ownership by any person is relative to the total number of shares of common stock outstanding. 代表公司的所有权。公司普通股的所有者就是公司的所有者。任何人的所有权...
Directors– Directors are individuals who serve on the corporation’s board of directors. The company’s shareholders appoint or elect the directors to oversee the management of the company. Shareholders– Shareholders are the owners of the corporation who have exchanged funds for shares of the compa...
All of the following statements about corporations are true except ___.A.Corporations are generally more expensive to form than sole proprietorshipsB.The death of owner of a corporation does not terminate the companyC.Any of the owners has the duty of
Common stockholders are the voting owners of a corporation. They are usually entitled to one vote per share. They may vote on numerous decisions affecting the corporation (including a derision to sell or merge with another corporation) and elect a board of directors, who, in turn, hire manager...
A the reaction of the owners of a painting B the possibility of working in dangerous conditions C the requirements to be able draw very well 24 What does students agree about the restored Dutch landscape painting? A It shows how taste in art varies amongst different people. B It is an ...
A corporation is recognized as an entity-its own legal being,separate from its owners.Aboard of directors controls corporate policies.The directors appoint top company officers.The directors might or might not hold shares in the corporation.Corporations can have a few major shareholders,or ownership ...
This arrangement differs from that of other forms of business organization, which are known as sole proprietorships and partnerships. These business owners are personally liable for the debts of their businesses. Corporations have good reasons to issue stocks. They issue stock in order to finance ...