Web Design, Inc., is a close corporation. Web Design is
a. eligible to make public offerings of securities.
b. exempt from corporate duties such as filing a certificate of incorporation.
c. generally allowed to restrict transfer of stock.
d. taxed in the same manner as a partnership.
a. eligible to make public offerings of securities.
b. exempt from corporate duties such as filing a certificate of incorporation.
c. generally allowed to restrict transfer of stock.
d. taxed in the same manner as a partnership.
c. generally allowed to restrict transfer of stock.
Begründung:
To avoid Managment problems (if shareholders transfer shares to a unknown person, the other partner could feel "unhappy" about sharing control with him/her) the transfer can be restricted by the articles of oncorporation
Begründung:
To avoid Managment problems (if shareholders transfer shares to a unknown person, the other partner could feel "unhappy" about sharing control with him/her) the transfer can be restricted by the articles of oncorporation
Tags: Restriction in the Articles of Incorpration
Quelle: p.101, 1. Absatz des Kapitels
Quelle: p.101, 1. Absatz des Kapitels
Kartensatzinfo:
Autor: Elisa
Oberthema: Law
Thema: International Law
Schule / Uni: Hanze Hogeschool
Ort: Groningen
Veröffentlicht: 14.02.2010
Tags: Exam Year 1
Schlagwörter Karten:
Alle Karten (125)
? (1)
2nd Absatz (2)
Business Trust (2)
Conversion (1)
Defamation (1)
Dissolution LP (1)
Distributorship (2)
Domestic (1)
First sentence (2)
Franchise (1)
Joint venture (2)
last sentence (1)
LLC (1)
Negligence (1)
Partnerships (1)
point 2 (1)
Preferred Stock (1)
Preferred stocks (1)
Restriction in the Articles of Incorpration (1)
Self-defense (1)
Slander of Title (1)
Stocks (3)
Syndicate (2)
Trespass to Land (1)
