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
Resource Development Company and Western Mining Corporation form a joint stock company. Like most joint stock companies, it is managed by
a. directors and officers.
b. general partners.
c. managing members.
d. trustees.
a. directors and officers.
b. general partners.
c. managing members.
d. trustees.
a. directors and officers.
Begründung:
A joint stock company is usually managed by directors and officers of the company or association.
Begründung:
A joint stock company is usually managed by directors and officers of the company or association.
Tags: Joint stock company, point 2
Source: p. 87
Source: p. 87
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)
Business Trust (2)
Conversion (1)
Defamation (1)
Dissolution LP (1)
Distributorship (2)
Domestic (1)
First sentence (2)
Franchise (1)
Joint stock company (2)
Joint venture (2)
last sentence (1)
LLC (1)
Negligence (1)
Partnerships (1)
point 2 (1)
Preferred Stock (1)
Preferred stocks (1)
Self-defense (1)
Slander of Title (1)
Stocks (3)
Syndicate (2)
Trespass to Land (1)
