Explain the difference between an open corporation and a closed corporation.
Question:
Explain the difference between an open corporation and a closed corporation.
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
An open corporation is a corporation whose stock ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Foundations of Business
ISBN: 978-1337386920
6th edition
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Question Posted:
Students also viewed these Business questions
-
Explain the difference between an LP and an LLP.
-
Explain the difference between an open system and a closed system. Can you give an example of a closed system? How is the stakeholder approach related to the concept of open and closed systems?
-
Explain the difference between an S and a C corporation.
-
When researchers find a reasonably complete fossil of a dinosaur, they can determine the mass and weight of the living dinosaur with a scale model sculpted from plastic and based on the dimensions of...
-
Two kilograms of saturated liquid water at 200 kPa are heated until the pressure and temperature reach 2 MPa and 400C, respectively. Calculate the change in volume.
-
In Exercises find the probabilities for each, using the standard normal distribution. P(z > 0.82)
-
Christopher Boling was seriously injured in 2008 when vapors escaping from a gas can ignited. He filed a products liability claim against the manufacturer. To fund the litigation, Boling entered into...
-
Fran Omiyale started her own consulting firm, Omiyale Consulting, on May 1, 2012. The trial balance at May 31 is as follows. In addition to those accounts listed on the trial balance, the chart of...
-
Samsung has determined that it is optimal to price their new smartphone depending on the price elasticity of demand for the new phone in different countries. They know that the price elasticity of...
-
A single-lane bridge connects the two Vermont villages of North Tunbridge and South Tunbridge. Farmers in the two villages use this bridge to deliver their produce. the neighboring town. The bridge...
-
What are the advantages of a partnership?
-
How is a domestic corporation different from a foreign corporation and an alien corporation?
-
Discuss the preliminary decisions that must be made before you construct control chart. What concepts should be followed when selecting rational samples?
-
Formulate a program capable of receiving input from the keyboard in the form of a string, subsequently determining and reporting the count of digits, letters, and whitespaces within the entered...
-
Mrs K is a recently retired 65 year-old widow from Brisbane, Australia with four adult children (aged 40, 38, 36 and 34). She rents a 2-bedroom townhouse and lives alone, has a simple lifestyle, and...
-
6) Given the cash flow diagram below: $500 $400 $350 HLI $300 789 a.) What is A if the present worth = 0 and i = 10%? b.) What is the future worth at 9 years if A = -$100? c.) What is the equivalent...
-
Two trains emit whistles of the same frequency, 470 Hz. Bill is standing next to one of the trains at rest, the other is traveling 120 km/hr away from Bill. What will Bill detect as the beat...
-
QUESTION 1: You observe the following Treasury bills and bond prices available in Saudi Arabia Bond/Bill principal 100 100 100 100 100 Time to maturity 0.25 0.50 0.75 1 1.25 Annual coupon 0 0 0 6.2...
-
The force required to flex a nasal strip and apply it to the nose is 0.25 N; the energy stored in the strip when flexed is 0.0022 J. Assume the strip to be an ideal spring for the following...
-
What is the difference between the straight-line method of depreciation and the written down value method? Which method is more appropriate for reporting earnings?
-
Which distribution channels does Taza use? If Taza wanted to grow its sales by broadening physical distribution of its products, do you think it should work more closely with its wholesalers or with...
-
How would you classify Costco as an in-store retailer? Why? Evaluate Costcos objective of achieving a 14 percent profit margin. Explain your answer. How do you think physical distribution affects...
-
What is Paneras promotion mix, and why is it appropriate for the companys situation? How would you suggest that Panera evaluate the effectiveness of its advertising? Be specific.
-
Suppose that you invest in a 10-year, semi-annual coupon, $1,000 par value bond when it is first issued. The coupon rate and yield to maturity are equal both 8 percent. Immediately after purchase,...
-
1. A 1000 kg GPS satellite is placed in orbit circling the Earth. Find its period of orbit if it is placed at an altitude of 200 km above the surface. (4 marks) 2. A 5000 kg satellite has an...
-
(17%) Problem 6: In a study of the forces involved when motor proteins move subcellular structures in cells, Shtridleman et al.* studied the motion of objects in living cells. In this paper, they...
Study smarter with the SolutionInn App