Question: PLEASE ANSWER THIS 4 QUESTION THANK YOU 5. If the owners of a corporation don't file their annual paperwork, neglect to pay their annual fees,

PLEASE ANSWER THIS 4 QUESTION
THANK YOU
5. If the owners of a corporation don't file their annual paperwork, neglect to pay their annual fees, or commit fraud, a court could ignore the fact that a corporation has been established and the owners could be held personally liable for the actions of the corporation. This chain of events is referred to as A "piercing the corporate veil" B. "the threat of the corporate form" C. "litigating the corporation" D. "breakdown of the corporate form" E. "championing the corporate form" 6. Which of the following is NOT an advantage of a C corporation? A. Income is taxed at the corporate and shareholder levels B. Owners are liable only for the debts and obligations of the corporation up to the amount of their investment C. The mechanics of raising capital are easier. D. Stock is liquid if traded on a major stock exchange. E. The ability to share stock with employees through stock option or other incentive plans can be a powerful form of employee motivation. 7. Omega, Inc. is a subchapter S corporation with 98 members. The company wants to raise money and a potential financier is willing to invest in Omega but wants to limit its membership to its 4 owners. Omega, Inc. rejects this offer because an S corporation can have no more than members. A 100 B. 15 C. 50 D. 75 E. 25 8. In a all partners enjoy limited liability A limited liability company B. subchapter S corporation C. limited partnership D. sole proprietorshipStep by Step Solution
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