d.corporationFeedbackYour answer is incorrect.Question19CorrectMark 1.00 out of 1.00Flag questionQuestion textA partnership formed for the exercise of a profession whic is duly registered isan example ofSelect one:a.particular partnershipb.partnership by estoppelc.universal partnership of all present propertyd.universal partnership of profits
FeedbackYour answer is correct.Question20IncorrectMark 0.00 out of 1.00Flag questionQuestion textA man and a woman living together as husband and wife without the benefit ofmarriage may enter into a universal partnership.
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FinishQuestion1CorrectMark 1.00 out of 1.00Flag questionQuestion textABC Foods Inc. manufacturers snack foods. Just like other small beginners, thecompany also experienced hard times penetrating the market at that time.Because of the strong belief of its founder that "quality product is the key tosuccess", the company products gained the acceptance of the general public.Based on the given background data about ABC Foods Inc., investing in a realestate company is an ________________ act.Select one:
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Question3IncorrectMark 0.00 out of 1.00Flag questionQuestion textABC Foods Inc. manufacturers snack foods. Just like other small beginners, thecompany also experienced hard times penetrating the market at that time.Because of the strong belief of its founder that "quality product is the key tosuccess", the company products gained the acceptance of the general public.
Based on the given background data about ABC Foods Inc., selling of its oldmanufacturing equipment is an ________________ act.Select one:
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Question4IncorrectMark 0.00 out of 1.00Flag questionQuestion textStatement 1. The members of the board of directors are jointly and severallyliableStatement 2. The members of the board of trustees are jointly and severallyliable if they are guilty of gross negligence or bad faith in directing the affairs ofthe corporation if they acquire any personal or pecuniary interest in conflict withtheir dutySelect one:a.Statement 1 is false: Statement 2 is trueb.Statement 1 is true: Statement 2 is truec.Statement 1 is false: Statement 2 is falsed.Statement 1 is true: Statement 2 is false
Question5IncorrectMark 0.00 out of 1.00Flag questionQuestion textA fellow of the board that oversees the activities of a non-stock corporationSelect one:
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Question6CorrectMark 1.00 out of 1.00Flag questionQuestion textWho should preside in the meeting?
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a.Treasurerb.Directorc.Presidentd.Trusteee.SecretaryQuestion7IncorrectMark 0.00 out of 1.00Flag questionQuestion textWhich is not included in the group?Select one:
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Term
Fall
Professor
NoProfessor
Tags
Corporation
