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Business Law Final Exam

9 Questions  I  By Rgran949
Business Law Final Exam

  
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1.  Capital ( funds and other assets ) provided by the professional, outside investors , to start new business ventures
A.
B.
C.
2.  Classes of stock that have priority over common stock both as to payment of dividends and distribution of assets on the corporation's dissolution
A.
B.
C.
3.  The portion of a corporation's profits that has not been paid out as dividends to shareholders
A.
B.
C.
4.  A designation in the U.S. for a corporation formed in another country but doing business in the U.S.
A.
B.
C.
5.  In  a given state, a corporation that does business in, and is organized under the laws of , that state.
A.
B.
C.
6.  In a given state, a corporation that does business in the state without being incorporated therein.
A.
B.
C.
7.  A corporation whose shareholders are limited to a small group of persons, often including only family members. The rights of the shareholders are usually restricted regarding the transfer of shares to others.
A.
B.
C.
8.  A joint undertaking of a specific commercial enterprise by an association of persons. Normally not a legal entity and is treated like a partnership for federal income tax purpose.
A.
B.
C.
9.  An investment group of persons or firms brought together for the purpose of financing a project that they would not or could not undertake independently
A.
B.
C.
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