Tech Talent Inc

question 63

Multiple Choice

Tech Talent Inc. is a corporation. Its implied powers enable it to

• A) avoid paying income taxes on foreign income.
• B) depart significantly from traditional corporate formalities.
• C) act beyond the authority given to it under its charter.
• D) borrow funds, lend funds, and extend credit.

---

Definitions:

Dividends Paid

Disbursements from a company's earnings given to its shareholders, commonly known as profit sharing.

External Financing

Funds a business obtains from outside sources, such as loans, investments, or grants, to support its operations or growth.

Dividend Payout Ratio

A financial metric that shows the percentage of a company's earnings paid to shareholders as dividends, reflecting the company's dividend policy and financial health.

Maximum Rate of Growth

The highest possible expansion rate that a business can achieve without obtaining additional financing from external sources.