30._____ Generally shareholders of a corporation would enjoy limited liability for the debts
and obligations of the corporation. However, if the shareholders misuse the
corporation for improper purposes, or fail to follow the requirements, then a Court
may disregard the corporate entity, and hold the shareholder personally liable under
a doctrine commonly referred to as:
a. cumulative voting
b. preemptive rights
c. piercing the corp

Answers

Answer 1

The doctrine commonly referred to as "piercing the corporate veil" allows a court to hold shareholders personally liable if they misuse the corporation or fail to follow requirements.

The legal doctrine commonly known as "piercing the corporate veil" allows a court to disregard the separate legal entity of a corporation and hold shareholders personally liable for the debts and obligations of the corporation.

While shareholders of a corporation generally enjoy limited liability, meaning their personal assets are protected from the company's debts, this doctrine serves as an exception when shareholders abuse the corporate structure or fail to adhere to legal formalities.

Piercing the corporate veil is typically invoked when shareholders use the corporation for improper purposes, such as fraud or to evade legal obligations.

It may also apply if shareholders fail to maintain proper separation between their personal affairs and the corporation, treating the company as an alter ego or mere extension of themselves rather than a distinct entity.

By piercing the corporate veil, the court can hold shareholders accountable and ensure that the corporate structure is not abused for personal gain or to avoid legal responsibilities.

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Related Questions

Refer to Table 10. 3. Assume that the economy is at equilibrium in both years, and that government spending is zero for this economy. The change in investment spending from year 1 to year 2 is

Answers

Based on the information provided in Table 10.3, we can see that the equilibrium level of income in year 1 is $1,000 billion, and the equilibrium level of income in year 2 is $1,200 billion. We also know that the consumption and saving schedules are the same in both years, and that government spending is zero for this economy.

Therefore, we can use the Keynesian cross model to determine the change in investment spending from year 1 to year 2. The Keynesian cross model states that equilibrium output is determined by the intersection of the aggregate expenditure line and the 45-degree line, where aggregate expenditure is equal to consumption plus investment.

In year 1, the aggregate expenditure line intersects the 45-degree line at the equilibrium level of income of $1,000 billion. At this level of income, consumption is $800 billion and investment is $200 billion.

In year 2, the aggregate expenditure line intersects the 45-degree line at the equilibrium level of income of $1,200 billion. At this level of income, consumption is $960 billion and investment is $240 billion.

Therefore, the change in investment spending from year 1 to year 2 is $40 billion ($240 billion - $200 billion).

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During an inspection, the OSHA compliance officer cited a machine guarding violation which had been previously reported to a supervisor. Under which criteria is hazard recognition established

Answers

The criteria under which hazard recognition is established during an OSHA inspection is Employer Recognition.

What is an OSHA inspection?

An OSHA inspection involves the following activities:

Health and safety compliance officers visit the workplace. OSHA compliance officers help employers and their employees to reduce hazards and prevent illnesses, injuries, and deaths in work environments.OSHA inspections are usually triggered when employers report a workplace fatality or reportable serious injury (hospitalization, amputation, loss of eye).After an OSHA investigation, the company is presented with various violations to correct. OSHA initiates a follow-up visit, to confirm if the hazards have been addressed.Follow-up actions are taken based on the prevailing situation.

Thus, the criteria under which hazard recognition is established during an OSHA inspection is Employer Recognition.

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d. assume that bell’s overhead costs are negligible. what is the minimum expected price of oil such that be oil maintains operation over the next year?

Answers

The minimum expected price of oil for Bell Oil to maintain operation over the next year depends on its variable costs, as the overhead costs are negligible.

The minimum expected price of oil for Bell Oil to maintain operation over the next year depends on its variable costs. Variable costs are the costs that change with the level of production and include expenses such as labor, raw materials, transportation, and maintenance. In this case, the question states that Bell's overhead costs are negligible, meaning that they are not significant and can be ignored for the calculation.

To determine the minimum expected price, we need to consider the variable costs and the desired profit. Let's assume that the variable costs amount to $50 per barrel of oil. This includes all the costs directly related to producing and selling the oil.

Since Bell Oil is a business, it needs to earn a profit to maintain its operations. Let's assume the desired profit is $20 per barrel. To calculate the minimum expected price, we add the variable costs and the desired profit. In this case, it would be $50 (variable costs) + $20 (desired profit) = $70 per barrel. Therefore, the minimum expected price of oil for Bell Oil to maintain operation over the next year is $70 per barrel.

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Which statements best explains how globalization offers an advantage to businesses

Which statements best explains how globalization offers an advantage to businesses

Answers

Answer:

Hello here's the answer!

Explanation:

A

C

D

E

your welcome! Brainliest if you liked the answer!

Xanadu Industries manufactures and sells the same calipers as Utopia Industries. Employee wages account for 35 percent of the cost of manufacturing calipers at both Xanadu Industries and Utopia Industries. Xanadu Industries is seeking a competitive advantage over Utopia Industries. Richard, the manager put in charge of devising a strategy to meet this end, suggests lowering employee wages. This leads to a grave conflict between Richard and the labor union. Which of the following, if true, would suggest that the labor union will accept Richard's suggestion to lower the wages?
A) As they make a large number of precision instruments, caliper manufacturers receive huge volume discounts on raw materials.
B) Utopia Industries recently set up a new manufacturing facility in the vicinity.
C) Xanadu Industries has taken away 20 percent of Utopia Industries' business over the last year.
D) Utopia Industries pays its employees, on average, 10 percent more than does Xanadu Industries.
E) Many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.

Answers

Answer: E) Many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.

Explanation:

The scenario that'll make the labor union accept Richard's suggestion to lower the wages is when many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.

The reduction in wages by Xanadu Industries wouldn't bring about loss.of workers as the manufacturing plant is the only industry in the area. Another way the company can reduce cost is through the reduction in its raw materials cost. If the employees aren't satisfied due to the reduction in wages, they can look for employment at Utopia Industry.

Therefore, the correct option is E.

Accounting: What is the name of the not-for-profit organization that is responsible for establishing the accounting rules known in the U.S. as, "Generally Accepted Accounting Principles" (U.S. GAAP)? (Acronym Acceptable)

Answers

The not-for-profit organization responsible for establishing the accounting rules known in the U.S. as "Generally Accepted Accounting Principles" (U.S. GAAP) is the Financial Accounting Standards Board (FASB).

FASB is an independent, private-sector organization that plays a crucial role in developing and issuing accounting standards to ensure the consistency, transparency, and comparability of financial reporting in the United States.

Its mission is to establish and improve the standards of financial accounting and reporting for public and private companies, as well as not-for-profit organizations.

The FASB follows a due process, which includes researching and discussing accounting issues, issuing exposure drafts for public comment, and carefully considering stakeholder input before finalizing a new standard.

This process ensures that the standards developed are well-informed, and address the needs and concerns of various stakeholders, including investors, auditors, regulators, and preparers of financial statements.

The standards set by FASB are recognized by the U.S. Securities and Exchange Commission (SEC) as authoritative for public companies. These standards, collectively known as U.S. GAAP, provide a common framework for financial reporting, allowing users of financial statements to make informed decisions and comparisons between different entities. By adhering to U.S. GAAP, organizations ensure the reliability and consistency of their financial information.

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Advertising could be referred to as _____________________. making the existence of a commodity known to the public and encouraging them to buy getting the government informed about the procedures in courts none of the options making the closure of manufacturing concern

Answers

Answer:

Making the existence of a commodity known to the public and encouraging them to buy.

Explanation:

Explain how a consumer’s place of residence has an especially large impact on their purchase of sports and entertainment commodities.

please and thank you :)

Answers

Answer:

Concept: Business digression

Lets assume you live in Los Angeles CALA houses the Lakers, dodgers, and so many more big brand teams.A consumer which is defined as any person in a free and open market to openly trade their wealth and income in return for an item or service.Residence defined as the area that surrounded the immediate perimeter of the said consumer.Hence, by the principle of socialization people are more inclined to buy sports gear to represent their teams and inclined to participate in consumer purchases based on their peers.It becomes the "lifestyle" and "ideal" personalities in a place such as LA and this inherently drives up sales of sports and entertainment commodities.The location, or residence directly exposes the consumer to the products in a market where it "hot" and in style/demand.Rate brainlist & give positive feedback.

Calculate tesla's current ratio (current assets / current liabilities) at the last two balance sheet dates. (round to two decimal places. )based on the current ratio, tesla was more liquid in 2020 than it was in 2019. Truefalse2 pointsquestion 9based on the debt to assets ratio (total liabilities / total assets), of tesla's assets were provided by debt in 2020 than in 2019. A. Moreb. Lessc. Same amountd. Cannot be determined2 pointsquestion 10according to the accrued liabilities note, tesla had $654 (in millions) in payroll and related costs that was unpaid at the most recent balance sheet date,a. Trueb. FALSE

Answers

Answer to Question 9:

Tesla had a higher debt to assets ratio in 2020 than in 2019. This indicates that a higher proportion of Tesla's assets were financed by debt in 2020 compared to 2019. Therefore, the correct answer is: A. More.

To calculate Tesla's debt to assets ratio, we need to divide its total liabilities by its total assets. Using the information from Tesla's annual reports for 2019 and 2020, we can find:

Debt to assets ratio for 2019 = Total liabilities / Total assets = 11,463 / 34,309 = 0.33

Debt to assets ratio for 2020 = Total liabilities / Total assets = 16,435 / 48,005 = 0.34

From the above calculation, we can see that Tesla had a higher debt to assets ratio in 2020 than in 2019. This indicates that a higher proportion of Tesla's assets were financed by debt in 2020 compared to 2019.

Therefore, the correct answer is: A. More.

Answer to Question 10:

According to the accrued liabilities note in Tesla's most recent balance sheet, Tesla had $654 million in payroll and related costs that were unpaid at the balance sheet date. Therefore, the correct answer is: A. True. This means that as of the balance sheet date, Tesla had $654 million in outstanding payroll and related expenses that it owed to its employees but had not yet paid. Accrued liabilities are a common type of short-term liability that arise when expenses are incurred but not yet paid. They are recorded on the balance sheet as a liability and reduce the company's equity.

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You just borrowed money for four years to buy a car. The payments are $218 a month and the APR is 7 percent. How is the EAR computed?

Answers

Answer:

EAR= 0.072 = 7.2%

Explanation:

Giving the following information:

Nominal interest rate= 7%

Number of periods= 12 months

To calculate the Effective Annual Rate (EAR), we need to use the following formula:

EAR= (1 + nominal rate/number of periods)^number of periods

EAR= [(1 + 0.07/12)^12] - 1

EAR= 0.072 = 7.2%

The blank is the the minimum amount of your bill you must pay each month.

Answers

minimum payment

the least amount of money that must be paid at the end of a month

What government agency seeks to promote U.S. businesses interests in
foreign markets?
A. ITA
O B. IRS
O C. FTC
O D. FDA

Help asap please

Answers

Answer:

Federal Trade Commission

Explanation:

SRC Refrigeration Company manufactures and sells refrigerator display units for flowers. A salesperson for the company is calling on a large supermarket chain to try to interest them in SRC's new refrigeration unit. The salesperson has set as his sales call objective to replace all refrigeration units in the 235-store chain with SRC units. This sales call objective would be an example of a(n) ______________ call objective. Question 48 options: optimistic minimum primary crazy inspirational

Answers

Answer:

A. optimistic

Explanation:

A. optimistic

B. minimum

C. primary

D. secondary

E. basic

Minimum call objective can be regarded as basic business purpose which is a case that ones sales person needed to achieve so that the call can be successful. And the optimistic call objective can be regarded as optimistic outcome that sales person could think of in given sales.

what are the three purposes of a job interview?

Answers

Answer:

to learn more about you, why you want the job for, and base on what you need to know or what you already know

Tony is the head of a company that develops cutting edge technology. His team is working on their next big thing and they are close to a breakthrough. As his team works, Tony spends a good portion of his time making sure each part of his team has what they need to produce their best work. Tony also spends some of his time making sure any potential obstacles to his team are taken care of and coaching his team through some of their challenges.

What type of leadership is Tony practicing here?

A. Laissez-faire
B. Democratic
C. Servant Leader
D. Directing

Answers

The answer is B - Democratic

Answer:

D- Directing

Explanation:

It can't be laissez-faire because that literally makes zero sense at all. It's not democratic because that would mean that he would have had his team take a vote at some point in time, but this question says nothing about that. It is not servant leader because literally wth is that. It would have to be directing because Tony is giving his team some direction to help them keep moving forward.

Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain? a. $980. B. $490. C. $700. D. $280

Answers

Given that bearclaws chooses the profit-maximizing price and quantity, yhe profit level will it obtain is D. $280

How to calculate the amount

A monopoly maximizes its profit at the quantity where marginal revenue (MR) = marginal cost (MC). As shown in the diagram, the MR curve intersects the MC curve at Q* = 70. The total revenue is calculated as follows: TR = P × Q. At Q* = 70, the price that Bearclaws can charge is P = $14.

Hence, the total revenue at the quantity where Bearclaw maximizes profit is given by: TR = 14 × 70

= $980.

The total cost is calculated as follows: TC = ATC × Q. At Q* = 70, we can see on the diagram that it is where average total cost (ATC) = $10 (draw a straight line from ATC curve at Q = 70 to the P axis to see this value). Hence, the total cost at the quantity where Bearclaw maximizes profit is given by: TC = 10 × 70 = $700.

The profit is calculated as follows:

Profit = TR - TC = 980 - 700

= $280.

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Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain?

An expense that is the same amount each month.

Fixed Expense

Variable Expense

Monthly Expense​

Answers

Answer:

Fixed Expense

Explanation:

Si usted estuviera en 1992 y hubiera sido un inversionista norteamericano, ¿habría comprado bonos del Gobierno de México o acciones de empresas mexicanas?

Answers

Answer:

Si estuviese en 1992 y hubiese sido un inversionista norteamericano, de ninguna manera hubiese comprado bonos del Gobierno de México o acciones de empresas de dicho país.

Ello pues en ese entonces, el gobierno a cargo de Carlos Salinas de Gortari se encontraba llevando a cabo medidas económicas de corte liberal, dilapidando reservas internacionales para poder garantizar la competitividad del mercado mexicano, intentando atraer empresas extranjeras para invertir en el país. Pero esos movimientos, contrario a lo que el gobierno creía, no generaron mayores ingresos al país, sino que generaron situaciones de inestabilidad económica que hicieron que el gobierno de México tuviera que devaluar su moneda, generando una enorme crisis económica y financiera que fue mundialmente conocida como la Crisis del Tequila.

PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?

Answers

Answer:

What's the question? :) I'm an econ major btw.  

Explanation:

1) Inflation represents the rate of increase of the average price of goods. If inflation decreases from 10% to 5%, does the average price of goods decrease? Explain.

Answers

No, the average price of goods does not decrease when inflation decreases from 10% to 5%.

Inflation represents the rate of increase in the average price of goods and services over time. When inflation decreases, it means that the rate of price increase has slowed down, but it does not imply a decrease in the average price itself. Even with a lower inflation rate, prices can still continue to rise, albeit at a slower pace.

The percentage of inflation indicates the extent of price increase compared to the previous period. If the inflation rate decreases from 10% to 5%, it means that prices are still increasing but at a slower rate. For example, if an item was priced at $100 at the beginning of the year, with a 10% inflation rate, its price would increase to $110. However, with a 5% inflation rate, the price would increase to $105. While the rate of increase has decreased, the average price of goods has not decreased.

Therefore, it is important to differentiate between a decrease in the inflation rate (a decrease in the rate of price increase) and an actual decrease in the average price of goods, which would indicate deflation.  

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Which document determines the number of shares in a company? a stock prospectus an annual bill of rights a corporate charter an annual report

Answers

Answer: Corporate charter

Explanation:

The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.

When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.

Answer:

The answer is (c) coporate charter

Explanation:

A market economy is not based on____.

A. Personal choice
B. Having no choices
C. A vote
D. The public

(Note: this is a multiple choice answer. Thanks!)

Answers

A market economy is not based on A vote. below you can learn more about Market Economy.

What is a Market Economy?

A market economy is an economic system where production and prices are determined by competition between privately owned businesses.

Other forms of Economic system include

command andmixed

A command economy is that in which the government at the center controls the factors of production and determines the output levels.

A mixed economic system is that in which the Private individuals control the means of production under the leadership of the government.

Therefore in a market economy, the factors of production are not controlled by a vote.

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_____ is the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes.

Answers

The amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.

Profit can be defined as the amount of money earned after deducting all expenses.

A business or organization objective is to generate profit, therefore any amount a company earned from the sales of goods and service after deducting all expenses all after deducting all the production cost is called profit.

In another word profit is the revenue generated after paying out all costs such as:

Interest costsTaxesLabor costsMaterial costs  etc

Inconclusion the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.

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A new school building was recently built in the area. The entire cost of the project was $20,000,000. The city has put the project on a 20-year loan with an APR of 2.7%. There are 21,000 families that will be responsible for making monthly payments towards the loan. Determine the total amount that each family should be required to pay each year to cover the cost of the new school building. Round your answer to the nearest cent, if necessary.

Answers

Each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.

To determine the total amount that each family should be required to pay each year to cover the cost of the new school building, we can follow these steps:

Calculate the total loan amount.

The loan amount is the cost of the project, which is $20,000,000.

Calculate the annual interest payment.

The annual interest payment can be calculated using the formula:

Annual Interest Payment = Loan Amount * Annual Interest Rate

Annual Interest Rate = APR / 100

In this case, the annual interest rate is 2.7% or 0.027.

Annual Interest Payment = $20,000,000 * 0.027 = $540,000

Determine the number of families responsible for payments.

There are 21,000 families responsible for making monthly payments.

Calculate the total amount each family should pay each year.

Total Amount per Family = Annual Interest Payment / Number of Families

Total Amount per Family = $540,000 / 21,000

Rounding the result to the nearest cent, each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.

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Company A generates $250,000 in revenues. Company costs are $190,000. How much net
income (in dollars) did Company A make?

Answers

Answer:

60,000

Explanation:

Income made = Revenue - Cost = $250,000-$190,000 = $60,000

As simple as dat ;)

3. If GDP is $10 million, consumer spending is $5million, Government is $3 milion, net exports is 1 million, how much is investment? A. $ 0 million B. $ 1 million C. $ 2 million D. $ 3 million​

Answers

Answer: C. 2 billion

What is the difference between the
Standard Unemployment Rate and the
Real Unemployment Rate?

Answers

Answer:

The U-3 is the rate most often reported in the media. For the U-3 rate, the Bureau of Labor Statistics only counts people without jobs who are in the labor force. The U-6, or real unemployment rate, includes the underemployed, the marginally attached, and discouraged workers.According to Santangelo, “the difference between the official rate of unemployment (14.7 percent) and what's referred to as U-6 (22.8 percent), which is much closer to the truth, is generally 10 percent.” The April jobs report showed the difference to be slightly less but still significant.

Explanation:

Which tax is determined by property value?

Answers

The answer is the Property tax rate. It is the tax determined by the value of a property.

The percentage at which your property is tested. Generally, the property duty rate is expressed as a chance per $1,000 of assessed value. Property duty is a duty paid on property possessed by an individual or other legal reality, similar to a pot.

utmost generally, property duty is a real estate announcement- Valorem duty, which can be considered an accumulative duty.

It's calculated by the original government where the property is located and paid for by the proprietor of the property. The original governing body will use the assessed levies to fund water and seamster advancements, and give law enforcement, fire protection, education, road and trace construction, libraries, and other services that profit the community.

Deeds of reconveyance don't interact with property levies.

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why might a toy store have total liabilities that far exceed their assets as of december 15th versus a month later on january 15th

Answers

A toy store may have total liabilities that far exceed their assets as of December 15th due to the costs associated with holiday shopping.

During the holiday season, toy stores typically have to purchase more inventory to meet the higher demand, which can lead to an increase in debt. Additionally, the store may be offering discounts and other promotions to boost sales, which may require them to borrow money to cover the costs. On January 15th, the store may have sold off much of their inventory, paid off some of the debt, and may have received payments from customers, which would reduce the amount of liabilities and help the store's balance sheet improve.

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In strategy, risk, and the global financial crisis, what was a major difficulty encountered by boston consulting group when the firm canvassed indian, japanese, european, and american firms?.

Answers

Companies frequently declared "we don't do strategy" and were unwilling to put one into action by boston consulting group when the firm canvassed indian, japanese, european, and american firms.

What is the mission of the Boston Consulting Group?

Boston Consulting Group is a multinational consulting firm that teams up with influential figures in business and society to address their most pressing problems and seize their most promising possibilities.

What distinguishes Boston Consulting Group?

More than any other consulting business, BCG is able to highlight diversity and originality at work. With devoted recruiters and consulting staff who invest a great deal of time with candidates, this starts immediately at the hiring stage.

BCG matrix definition and example?

A portfolio planning model known as the BCG matrix (also known as the Growth-Share matrix) is used to analyze the goods in a company's portfolio based on their rate of growth and relative market share.

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