Joint stock companies - Study guides, Class notes & Summaries

Advantages of operating a Sole Proprietorship? - Answer-simplicity (easy to establish and less paperwork-only requirement is business licenses and permit) single layer of taxation!!! privacy (not required to report anything to anyone) flexibility and control fewer limitations on personal income Personal satisfaction (take your own risks and enjoy the reward) Disadvantages of sole proprietorship - Answer-financial liability (unlimited liability) demands of the owner (alot more than pickin...

_________ means a bodily movement, voluntary or involuntary, and includes speech - Answer-Act __________ means A PERSON whose criminal responsibility is IN issue in a CRIMINAL ACTION . Whenever the term "suspect" is used in this code it means "actor" - Answer-Actor __________ Includes authority, board, bureau, commission, committee, council etc - Answer-Agency __________ includes Alcohol, or any beverage containing more than half of 1 % of alcohol by volume capable of use for any bevera...

APUSH: AMSCO Unit 2 Questions and Answers (Graded A)APUSH: AMSCO Unit 2 Questions and Answers (Graded A)APUSH: AMSCO Unit 2 Questions and Answers (Graded A)APUSH: AMSCO Unit 2 Questions and Answers (Graded A) corporate colonies - ANSWER - operated by joint-stock companies; such as Jamestown royal colonies - ANSWER - were under the direct authority and rule of the king's government; such as Virginia after 1624 proprietary colonies - ANSWER - were under the authority of individuals granted...

NC Life Insurance Exam Questions With 100% Correct Answers 2024 Fraternal Benefit Society - answerAn organization of people who share a month ethnic, religious or vocational affiliation. They are entities they have no capital stock, have a representative form of government. They exist not for profit but solely for the benefit of their members and their beneficiaries and operate on a lodge system. Fraternal Benefit Societies - answerAgents of these societies must comply with the SAME gener...

Life insurance - practice test Questions and Answers (2023 / 2024) (Verified Answers) A special characteristic of insurance contract where equal value is not exchanged between parties is known as: Aleatory Life insurance contracts are ___ agreements Unilateral What is the proper definition of "take it or leave it" contracts written by insurer? Adhesion using the human value approach, the best way to figure out the amount of death benefit is based on?: A. proposed insured's...

Tangible Personal Property - Answer-personal property that can be moved (ex. gold bar, jewelry) Probate Estate - Answer-the property of a decedent that is subject to administration by the executor or administrator of an estate Under joint tenants with rights of survivorship, when one tenant dies which of the following best describes the result? - Answer-Her share passes to the surviving joint tenant regardless of what her will says In cutting down a tree, which of the following occurs? - A...

NC Life Insurance Exam Questions With 100% Correct Answers 2024 Fraternal Benefit Society - answerAn organization of people who share a month ethnic, religious or vocational affiliation. They are entities they have no capital stock, have a representative form of government. They exist not for profit but solely for the benefit of their members and their beneficiaries and operate on a lodge system. Fraternal Benefit Societies - answerAgents of these societies must comply with the SAME gener...

BPOC EXAM 2 study guide with 100% Complete Solutions _________ means a bodily movement, voluntary or involuntary, and includes speech - Correct Answer ️️ -Act __________ means A PERSON whose criminal responsibility is IN issue in a CRIMINAL ACTION . Whenever the term "suspect" is used in this code it means "actor" - Correct Answer ️️ -Actor __________ Includes authority, board, bureau, commission, committee, council etc - Correct Answer ️️ -Agency __________ includes Alc...

CHAPTER 2: CONSOLIDATION OF FINANCIAL INFORMATION Accounting standards for business combination are found in FASB ASC Topic 805, ―Business Combinations‖ and Topic 810, ―Consolidation.‖ These standards require the acquisition method which emphasizes acquisition-date fair values for recording all combinations. In this chapter, we first provide coverage of expansion through corporate takeovers and an overview of the consolidation process. Then we present the acquisition method o...

Kentucky Life and Health Insurance Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100 % Correct| Grade A Q: Which type of life policy contains a monthly mortality charge as well as self-directed investment choices? Joint Life Adjustable Life Variable Universal Life Universal Life Answer: Variable Universal Life Q: Two agencies are competing for a new client. Agency A mentions to the prospective client that all of the companies with which it does busin...