CoboCards App FAQ & Wishes Feedback
Language: English Language
Sign up for free  Login

Get these flashcards, study & pass exams. For free! Even on iPhone/Android!

Enter your e-mail address and import flashcard set for free.  
Go!
All main topics / Law / International Law

LAW (125 Cards)

Say thanks
119
Cardlink
0
Downwind Properties Corporation and Eastern Investments Company transfer their property to Financial Management, Inc., which manages the property and distributes the profits to Downwind and Eastern. This form of a business organization is

a. a business trust.
b. a joint stock company.
c. a joint venture.
d. a syndicate.
a. a business trust.

Begründung:
With a business trust, legal ownership and management of the property of the business stay with one or more of the trustees, and the profits are distributed to the beneficiaries.
Tags: Business Trust
Source: p. 88
122
Cardlink
0
Larry, Michel, and Nancy are investors in Oceanic Exploration, a business trust. A business trust is managed by

a. directors and officers.
b. general partners.
c. managing members.
d. trustees.
d. trustees.

Begründung:
see p. 88
Tags: Business Trust
Source: p. 88
Flashcard set info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010
Tags: Exam Year 1
 
Card tags:
All cards (125)
? (1)
2nd Absatz (2)
also see partnership by estopel (1)
Assault and Battery (2)
Business Organization (1)
Business Trust (2)
Chain-Style business operation (2)
Conversion (1)
Conversion - letzter Absatz (1)
Coporate Financing (1)
Coporate Personnel (1)
Defamation (1)
Disadvantages ot the sole proprietorship (1)
Dissolution LP (1)
Dissolution of LP (1)
Distributorship (2)
Domestic (1)
Fact versus Opinion (1)
False imprisonment (1)
Family Limited Liability Partnerships (FLLP) (1)
First Orginazational Meeting (1)
First sentence (2)
Foreign and Alien Coporation (1)
Formation of a Limited Partnership (1)
Formation of a LP (1)
Franchise (1)
Incorporation procedure (1)
INncorporation Precedure (1)
Joint stock company (2)
Joint venture (2)
last sentence (1)
Liabilities of limited partners (1)
Limited Liability Partnership (LLC) Liability (1)
Limited partners and Managment (1)
LLC (1)
Location Chartering (1)
Negligence (1)
Partnerships (1)
Payment for the franchise (2)
Payment of the franchise (1)
point 2 (1)
Preferred Stock (1)
Preferred stocks (1)
Pricing agreement (1)
Processing-Plant arrangement (2)
Profesional Corporation (P.C) (1)
Professional Corporation (1)
Professional Corporation (P.C) (1)
Promoter Liability (Promoter Activities) (1)
Restriction in the Articles of Incorpration (1)
Right of limited partners (1)
Self-defense (1)
Slander of Quality (1)
Slander of Title (1)
Stocks (3)
Syndicate (2)
Termination of the franchise (2)
The publication requirement (1)
The scope of implied powers (1)
Trespass to Land (1)
Trespass to personal property (2)
Wrongful interfence with a contractual relationship (1)
Wrongful interference with a business relationship (2)
Report abuse

Cancel
Email

Password

Login    

Forgot password?
Deutsch  English