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Exam 32/50Which is not included in the group?Select one:a. Embark on a different line of businessb. Issue dividendsc. Enter into management contractd. Enter into merger or consolidation with other corporations as provided in this CodeWhich of the following statements is false concerning treasury shares?Which of the following signifies a consolidation of three companies?In a corporation sole, there is/are _______ incorporator/s?
Statement 1. A director must be a stockholderStatement 2. A member of the executive committee must be a stockholderSelect one:a. Statement 1 is true: Statement 2 is trueb. Statement 1 is false: Statement 2 is falsec. Statement 1 is true: Statement 2 is falsed. Statement 1 is false: Statement 2 is trueFor a stock educational institution, which of the following is the possible number of directors?Which of the following companies cannot become a close corporation?Garry is a preferred stockholder. He did not receive such thing last year because dividends were not declared. This year, it was declared and he received dividends for this year only. Garry has
The change in the relation of the partners caused by any ceasing to be associated in the carrying on the business is known as:Select one:a. dissolution of the partnership.b. liquidation of the partnership business.c. winding up of the partnership affairs.d. termination of the partnership.Chan is a preferred stockholder. He did not receive such thing last year because dividends were not declared. This year, it was declared and he received amount totaling to the dividends for last year and dividends for this year. Chan has