In Excel,________ Refers to Whether the Worksheet Is Printed Normally

question 44

Multiple Choice

In Excel,________ refers to whether the worksheet is printed normally or sideways on the page.

• A)orientation
• B)gridline
• C)alignment
• D)font

Explain the process of capitalizing a newly formed corporation, including issuing equity and debt securities.

Understand the legal framework under the Model Business Corporation Act (MBCA) regarding share issuance, promoter's liability, and shareholder rights.

Recognize the role of promoters before the corporation's formation and the extent of their liability.

Differentiate the characteristics of non-profit corporations from for-profit corporations under the MNCA.

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Definitions:

Investment Bank

A financial institution that acts as an intermediary in large and complex financial transactions, including underwriting, acting as an advisor for mergers and acquisitions, and facilitating securities issuance.

Underwriting

Underwriting involves assessing the risk of insuring or financing and setting the appropriate terms and conditions for doing so. It is commonly used in insurance and banking.

Preemptive Rights

A stockholder’s right to maintain her proportionate ownership in a corporation. The stockholder has the right to buy a share of any newly issued stock that is proportionate to her fractional ownership of the company before the new issue. The right is not a matter of law but must be written into the corporation’s bylaws.

Proportionate Ownership

Ownership shares in a company or asset divided among investors in proportion to their investment.