A corporation's articles of association should be brief,in accord with law,and broad in the statement of the firm's powers.
Correct Answer:
Verified
Q2: There are no limits on the owner's
Q3: In a partnership,each partner has agency power,which
Q4: Some rights of partners are implied unless
Q6: Capital gains are income earned in the
Q8: The desire for continuity of a business
Q9: Limited liability means that the personal wealth
Q11: An ownership interest automatically confers a right
Q15: A limited partnership must have at least
Q27: A corporation's life span is equal to
Q30: Limited partners have limited personal liability.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents