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118
Exotic Products Company and First Pier, Inc., form a business organization to engage in importing and exporting. Its property is held in the names of the members and its shareholders have personal liability. This business organization is
a. a business trust.
b. a joint stock company.
c. a joint venture.
d. a syndicate.
a. a business trust.
b. a joint stock company.
c. a joint venture.
d. a syndicate.
b. a joint stock company.
Begründung:
Property is usually held in the name of the members; shareholders have personal liability;
Begründung:
Property is usually held in the name of the members; shareholders have personal liability;
Tags: Joint stock company
Source: p. 87
Source: p. 87
Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010