Which of the Following Is True with Regard to the Characteristics

question 164

Multiple Choice

Which of the following is true with regard to the characteristics of corporations?

• A)The shareholders would be vicariously liable for any damage caused by a employee of the corporation carrying out his or her duties.
• B)The corporation is a separate legal person,but neither can sue nor be sued.
• C)Directors are responsible for the shareholders of the corporation.
• D)Shareholders are liable for the debts and other obligations of the corporation.
• E)A shareholder's liability is limited to the amount he or she paid for the shares.

Understand the types of questions used in social work and their implications.

Identify the circumstances under which "safe" social interaction is beneficial in the helping process.

Learn strategies to minimize inappropriate or excessive interrupting during client conversations.

Understand the impact of cultural differences on nonverbal communication and its challenges in social work.

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Definitions:

Accounts Receivable

The money owed to a business by its clients or customers for goods or services delivered but not yet paid for.

Credit Terms

Conditions under which credit is extended by a lender to a buyer, including repayment time frame and interest rate.

Invoice Date

The date on which an invoice is issued, marking the point in time when the billing process for goods delivered or services rendered begins.

Sales Returns

Transactions where customers return previously purchased merchandise, leading to a reversal of sales revenue.