Which of the Following Would Be a Justification for Involuntary

question 47

Multiple Choice

Which of the following would be a justification for involuntary dissolution of a corporation by a creditor?

• A) When there is misapplication or waste of corporate assets
• B) When directors are in conflict, deadlock cannot be broken by shareholders, and the corporation faces ruin
• C) When corporation is insolvent and not paying its debts
• D) When directors are acting illegally or unfairly

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Administrative Salaries

Compensation paid to individuals occupying administrative or managerial positions, covering their roles in planning, directing, and overseeing operations.

Return On Investment

A financial metric used to evaluate the efficiency of an investment or compare the efficiency of several investments, measuring gain relative to cost.

Program's Effectiveness

A measure of how well a specific program achieves its goals and objectives.

Training Investments

Financial resources dedicated to the development and implementation of training programs or initiatives.