45) An owner of a corporation is known as a(n): A) director. C) general partner. 46)...

     

Transcribed Image Text:

45) An owner of a corporation is known as a(n): A) director. C) general partner. 46) Which of the following is normally considered a disadvantage of the corporate form of business? A) Limited life. C) Double taxation of earnings. 49) A 47) A(n) -based ethics code defines corporate values; creates a supportive environment, and, stresses shared accountability among employees. A) corporate responsibility C) compliance B) stockholder. D) limited partner. 50) A(n) B) Difficult transfer of ownership. D) Unlimited liability of owners. 48) The income generated by S corporations: A) is provided to nonprofit organizations, so it is considered a tax-free source of funds. A) leveraged buyout C) merger B) is taxed separately from its owners. C) passes through to its owners, and each is taxed individually for this income. D) must be reinvested in the business. Owners should not expect dividends. B) integrity D) social is two firms combining to form one company. company. A) hostile takeover C) acquisition 6 B) joint tenancy D) tenancy in common occurs when one company buys the property and obligations of another 50) B) leveraged buyout D) cooperative — 45) An owner of a corporation is known as a(n): A) director. C) general partner. 46) Which of the following is normally considered a disadvantage of the corporate form of business? A) Limited life. C) Double taxation of earnings. 49) A 47) A(n) -based ethics code defines corporate values; creates a supportive environment, and, stresses shared accountability among employees. A) corporate responsibility C) compliance B) stockholder. D) limited partner. 50) A(n) B) Difficult transfer of ownership. D) Unlimited liability of owners. 48) The income generated by S corporations: A) is provided to nonprofit organizations, so it is considered a tax-free source of funds. A) leveraged buyout C) merger B) is taxed separately from its owners. C) passes through to its owners, and each is taxed individually for this income. D) must be reinvested in the business. Owners should not expect dividends. B) integrity D) social is two firms combining to form one company. company. A) hostile takeover C) acquisition 6 B) joint tenancy D) tenancy in common occurs when one company buys the property and obligations of another 50) B) leveraged buyout D) cooperative —

Answer rating: 100% (QA)

The detailed answer for the above question is provided below 45 An owner of a corporation is known as a stockholder A stockholder also known as a shar... View the full answer