me: ID: A A corporation has a. government regulations. b. a limited existence. c
ID: 2601080 • Letter: M
Question
me: ID: A A corporation has a. government regulations. b. a limited existence. c. unlimited liability. d. no tax liability. 29 Par value a. b. c. is established for a share of stock after it is issued. is the legal capital established for a share of stock. represents what a share of stock is worth. represents the original selling price for a share of stock. d. 30 The board of directors of Berweck Corporation declared a cash dividend on January 18, 2010, to be paid on February 18, 2010, to shareholders holding the stock on February 2, 2010. Given these facts, the date February 2, 2010, is referred to as the a. date of declaration. b. date of payment. c. ex-dividend date. d. date of record.Explanation / Answer
28) The correct choice is a
Explanation : - A corporation is a creation of the law, it is subject to close government regulation .
29) The correct choice is b
Explanation : - The primary way a corporation establishes its legal capital is by issuing par value stock. The par value of a corporation's capital stock (either common or preferred) is a designated dollar amount per share that is established in the articles of incorporation and is printed on each stock certificate. When a corporation issues par value stock, most states designate that the par value of all its issued stock is the legal capital.
30) The correct choice is d
Explanation : - When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend.
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