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Q) The seriousness of a crime is defined by the nature or duration of the punish

ID: 431807 • Letter: Q

Question

Q) The seriousness of a crime is defined by the nature or duration of the punishment set out in the statute.

options:

False

Q)

Which of the following is true of partnerships and corporations?

options:

A)Partnerships are easier to form when compared to corporations.

B) All the shareholders in a publicly held corporation have equal rights in management and conduct of business.

C) Partners can easily transfer their interest in partnerships through stocks when compared to corporations.

D) A corporation is a conduit for income and is not taxed as a separate entity.

E) Ownership and control of partnerships are separated.

Q

A New York statute makes it a(n) _____ to use the name, portrait, or picture of any person for advertising purposes or for the purposes of trade (business) without first obtaining written consent.

options:

A) quasi-criminal offence

B) misdemeanor

C) infraction

D) felony

E) absolute liability offence

True

False

Q)

Which of the following is true of partnerships and corporations?

options:

A)Partnerships are easier to form when compared to corporations.

B) All the shareholders in a publicly held corporation have equal rights in management and conduct of business.

C) Partners can easily transfer their interest in partnerships through stocks when compared to corporations.

D) A corporation is a conduit for income and is not taxed as a separate entity.

E) Ownership and control of partnerships are separated.

Q

A New York statute makes it a(n) _____ to use the name, portrait, or picture of any person for advertising purposes or for the purposes of trade (business) without first obtaining written consent.

options:

A) quasi-criminal offence

B) misdemeanor

C) infraction

D) felony

E) absolute liability offence

Explanation / Answer

Q) False

The srtuousness of a ctime.is defined by the violation made based on section 16 of title 18 of the US code.

Q) B) All the shareholders in a publicly held corporation have equal rights in management and conduct of business.

The shareholders play a major role in this context and they decide on how the organization is run and managed.

Q) C) Infraction

In this case it can be considered as a violation or infringement.