Question: 1 0 ) What is true about a joint stock company? alt does not need to pay income tax b . it is a distinct

10)What is true about a joint stock company? alt does not need to pay income tax b.it is a distinct legal entity.
c.Ownership can be easily transferred.
d.it has perpetual life.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

What is "orthographic memory"? O a. Memory of written and spoken sentence structure O b. Memory of word meanings and how words are related O c. Memory of speech sounds and pronunciation "rules" O d....

Q:

WRITE 2 PARAGRAPHS FOR YOUR RESPONSE. EACH PARAGRAPH SHOULD HAVE AT LEAST 5 SENTENCES: Discuss an advantages and disadvantages of the various business forms. The legal and practical differences are...

Q:

BUSINESS LAW - BLAW150 - Winter 2017 Instructor: Frank Fischer ASSIGNMENT #2 - 1st Alternative DUE DATE: Friday April 21, 2017 11:59 pm I have decided to create two (2) alternative assignments for...

Q:

Side Agreements Business Law Individual Assignment I. Introduction The Commercial Companies Law of the United Arab Emirates (Federal Law No. 8 of 1984, as amended) provides for seven types of...

Q:

Attached is the assignment requirement and 2 previous assignments as example 1- the assignment should be zero plagiarism and similarity (no copy ans paste is accepted) 2- should be completed in the...

Q:

Alfajar alalmmia campany Refer to the attached financial statements then compute the following: 1. ROCE = 2. Current Ratio: 3. Quick Ratio (Acid Test Ratio): 4. Operating Cash Flow To Current...

Q:

Argonaut has to account for the acquisition of 100% of the shares of Moe's Lawn Care Limited (MLC) in Argonaut's June 30, 20X9, financial statements, even though MLC's numbers might be subject to...

Q:

help me out with these questions.. Income statement: determine gross profit, income from operations, and net income for the last two years. Comment on the increases or decreases in these amounts....

Q:

help me out with these questions.. Income statement: determine gross profit, income from operations, and net income for the last two years. Comment on the increases or decreases in these amounts....

Q:

I need to do this work. Income statement: determine gross profit, income from operations, and net income for the last two years. Comment on the increases or decreases in these amounts. Balance sheet:...

Q:

I need to do this work. Income statement: determine gross profit, income from operations, and net income for the last two years. Comment on the increases or decreases in these amounts. Balance sheet:...

Q:

Discuss the main reasons why the companies identified in Question 3 have chosen to globalize or not globalize particular functions. In question 3 Find examples of sets of companies that have chosen...

Q:

How have advances in IT changed the way employees communicate with each other on a day to day basis?

Q:

1 0 . The risk free rate is 4 % , and the market risk premium is 8 % . If the stock has a beta of 1 . 5 , the required rate of return on the stock is: Question 1 0 options: 1 0 . 0 0 % 1 2 . 5 0 % 1...

Q:

Objectives of this assignment o compare the running time performance of InsertSort, QuickSort, and MergeSort, What you need to do: I. Implement the InsertSort, QuickSort, and MergeSort algorithms to...