Which THREE of the following are benefits of organizing your business as a C corporation? (NOTE that
Question:
Which THREE of the following are benefits of organizing your business as a C corporation? (NOTE that there are THREE correct answers to this question -- CHECK ALL THAT APPLY)
Shareholders of a corporation enjoy limited personal liability
C corporations enjoy single (flow-through) taxation
Shareholders can easily transfer ownership of their shares to other people
Corporations can raise capital by selling shares of the company
2)
You are the sole shareholder of a C corporation that has a board of directors with eight members. You don't like the way the corporation's officers are managing the corporation. Which of the following would be your best option for influencing the management of the company?
Remove the current CEO and appoint a new CEO that shares your vision of how the company should be managed
Elect some new board members who share your vision of how the company should be managed
Appoint yourself as CEO and implement your vision of how the company should be managed
Order the board of directors to implement your vision of how the company should be managed
Managerial economics applications strategy and tactics
ISBN: 978-1439079232
12th Edition
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris