Which of the following types of ownership is limited to 100 shareholders?
In order to be eligible for S corporation status, a corporation must meet certain requirements: Be an eligible entity (a domestic corporation, or a limited liability company which has elected to be taxed as a corporation) Have only one class of stock. Have no more than 100 shareholders.
In which method of acquiring a company does the acquiring company try to persuade the shareholders of the target company to vote out the existing management and introduce a management that is sympathetic to the goals of the acquiring company?
A hostile takeover is when an acquiring company attempts to takeover a target company against the wishes of the target company’s management.
Which of the following businesses are examples of a franchise?
Some of the most successful franchise businesses in the United States include Subway, McDonald’s, Pizza Hut, Burger King, and Dunkin’ Donuts; but restaurants are not the only kind of franchise businesses available. Some business types are more appropriate for franchising than others.
What are 2 examples of franchises?
Examples of well-known franchise business models include McDonald’s (NYSE: MCD), Subway, United Parcel Service (NYSE: UPS), and H. & R. Block (NYSE: HRB). In the United States, there are franchise business opportunities available across a wide variety of industries.
What are the legal issues in franchising?
Legal Issues with Franchising
- an offer and an acceptance of the offer;
- lawful consideration;
- lawful object;
- free consent of both parties;
- capacity to enter into agreements.
Which statement is an attractive benefit of a corporation?
In a corporation, skilled employees are attracted by the stock options it offers. Stock option is the right given to an employee to purchase shares of the corporation at a given price. Other benefit of the corporation is that the liabilities of the owners are limited to their capital or investment in the organization.