When a corporation earns profits,it must distribute them to shareholders.
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Q1: Bonds represent the purchase of ownership in
Q2: A corporation is referred to as a
Q3: Preferred shares normally have a fixed maturity
Q4: A corporation has perpetual existence regardless of
Q5: Express powers of a corporation are found
Q7: The primary document needed to incorporate a
Q8: A corporation is recognized as a "person."
Q9: A new corporation's name can be deceptively
Q10: Implied powers of a corporation are expressed
Q11: In some states,the courts will treat a
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